English, asked by krnyadav, 1 month ago

If slope of two demand curves as the same, they Show the same Elasticity of demand.

Answers

Answered by shardakuknaa

Two parallel straight line demand curves appear to have the same slope and hence the same price elasticity. ... It means greater elasticity at point L on the line NM than at point T on the line RS.

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If slope of two demand curves as the same, they Show the same Elasticity of demand.​

Answers

If slope of two demand curves as the same, they Show the same Elasticity of demand.