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The figure shows two different demand curves. Based on the graph which statement is TRUE? P P B ОООО e Elasticity of demand equals the slope of the curve, so demand curve A is more elastic. Elasticity of demand equals the slope of the curve, so demand curve B is more elastic A price - Pand quantity = 0.demand curve Ais more elastic than demand curve B. We cannot infer anything about elasticity from this diagram because slope does not equal elasticity,
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