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On a linear demand curve, all the five forms of elasticity can be depicted
B
If two demand curves are linear and intersecting each other, then, coefficient of elasticity would be same on different demand curves at the point of intersection.
C
If two demand curves are linear and parallel to each other, then, at a particular price, the coefficient of elasticity would be different on different demand curves.
D
The price elasticity of demand is expressed in terms of relaive not absolute changes in Price and Quantity demanded.
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