Economy, asked by DanandPhil, 9 months ago

If two supply curves intersect each other which one has the higher price elasticity

Answers

Answered by sou86

Answer:

If two demand curves intersect each other then the curve which is relatively flatter will have a higher price elasticity. This is because flatter the demand curve, greater is the change in demand due to change in price.

Explanation:

mark brainlist answer

Previous Question

Next Question

Similar questions

Math, 4 months ago

An electric resistance wire of 10 ohm is folded on itself. Find value of its resistance at its end now.

English, 4 months ago

match the columns to make sentences identify each condition as open imaginary in possible I objective write in on blanks...

Math, 4 months ago

The points (-3, 2) and (2,-3) represent: (a) different points (b) same point (c) the origin (d) none of these.

Science, 9 months ago

Moustache, beard, wider shoulder, deeper voice all are the secondary sexual characteristics of an - (A) adolescent boy (B) adolescent girl (C) adult boy (D) adult girl...

English, 9 months ago

Dialogue population problem...

Chemistry, 1 year ago

Molecular orbital electronicconfiguration for carbon molecules for 1...

Physics, 1 year ago

Mrrcury conducts electricity but does not break up in this process...

Chemistry, 1 year ago

Out of lanthanum hydroxide and lutetium hydroxide which is more basic in nature...