Price Elasticity fo Demand is same for the two commoditites x and y if slope of their demand curves are same.

Price Elasticity fo Demand is same for the two commoditites x and y if

1.	Price Elasticity fo Demand is same for the two commoditites x and y if slope of their demand curves are same.
Answer» Solution :when slope of demand cuves of commodities x and y are same , then PRICE elasticity of demand on their initial price and intial quantity . It happens because. Elasticity of Demand `(E_(d))= 1/("Slope of demand CURVE")xxP/Q`