as the flatness of demand curve increases ,the elasticity of demand becomes?
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As the demand curve becomes more flatter the elasticity of demand increases. Elasticity is the rate of percentage change in quantity demanded to percentage change in price. from the fig, demand curve BD have greater slope than curve AD
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As the demand curve becomes more flatter the elasticity of demand increases. Elasticity is the rate of percentage change in quantity demanded to percentage change in price. ... But both the curves have same elasticity at point E and F respectively.
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