1.

When two demand curves intersect, the elasticity of demand of the flatterdemand curve will be more than the steeper demand curve. defend or refute. give reason for your answer?

Answer»

I think I will defute this STATEMENT..
Because as we know that TWO DEMAND curves can't be intersect to each other because all of us have different points of satisfaction..... ( I don't think the above situation may be possible)



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