Figure: Price Elasticity of Demand 
Refer to the figure. Which of the four demand curves has the greatest responsiveness to price changes?
Definitions:
Increased Profits
An enhancement in the net income generated by a business, reflecting an improvement in operational efficiency or revenue growth.
Rich Vein of Gold
A metaphor indicating a highly profitable and abundant source or opportunity.
Convertible Preferred Shareholders
Shareholders who own shares that can be converted into a fixed number of common shares, usually at the discretion of the shareholder.
Increased Profits
A situation where a company's earnings exceed its previous earnings over a certain period, indicating improved financial performance.
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