If two demand curves are linear and intersecting each other than coefficient of elasticity would be same on different demand curves at the point of intersection.
Answers
Answered by
0
Explanation:
If two demand curves are linear and intersecting each other, then, coefficient of elasticity would be same on different demand curves at the point of intersection. ... The price elasticity of demand is expressed in terms of relaive not absolute changes in Price and Quantity demanded.
Hope it helps..✌
Mark it as brainliest
Similar questions