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
4

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:

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