Economy, asked by tauhidjagirdar7858, 7 months ago

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

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Answered by iymanmalik1994

Answer:

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.

Answered by imranimran62039

Answer:

its a wrong statement its not a true

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