Which of the following is the correct graph of 
Definitions:
Elastic
Elastic refers to the responsiveness of the quantity demanded or supplied of a good or service to a change in its price, with high elasticity meaning significant responsiveness.
Average Variable Cost
The cost variable per unit of output produced, calculated by dividing total variable costs by the quantity of output.
Economic Losses
The reduction in financial wealth, goods, or services that results from an event or decision.
Long Run Market Supply Curve
A curve showing the relationship between the price of a good and its supply over a longer period, when all input factors can be varied.
Q3: Sketch the surface given by the function.
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Q40: A ball is thrown straight down from
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