If AB = BA = I, then A and B are inverses of each other.
Question : Which of the following statements is FALSE? A: All five types of elasticity can be depicted on a linear demand curve.' B: If two demand curves are linear and intersect, the coefficient of elasticity on the different demand curves at the point of intersection will be the same. C: If two demand curves are linear and parallel to each other, the coefficient of elasticity on each demand curve will be different at a given price.
Option 1: Only A correct
Option 2: Only B correct
Option 3: Only C correct
Option 4: A, B, and C all are correct
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