The price elasticity of two demand curves with same slope at same pric – InterviewSolution

1.	The price elasticity of two demand curves with same slope at same price is a) one b) zero c) same d) unequal
Answer» C) sameTwo parallel straight line demand curves. Two parallel straight line demand curves appear to have the same slope and hence the same price ELASTICITY. ... It MEANS greater elasticity at POINT L on the line NM than at point T on the line RS.

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