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From a pt of intersection of 2 demand curves,a flatter demand curve shows higher elasticity of demand.reason for this?
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From a pt of intersection of 2 demand curves,a flatter demand curve sh...
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.

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From a pt of intersection of 2 demand curves,a flatter demand curve shows higher elasticity of demand.reason for this?
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