Figure 7-17 -Consider Figure 7-17.Between the Prices of $5 and $6,which Supply

question 174

Multiple Choice

Figure 7-17

-Consider Figure 7-17.Between the prices of $5 and $6,which supply curve is most elastic and which is least elastic?

• A)S₁ is most elastic;S₂ is least elastic.
• B)S₁ is most elastic;S₃ is least elastic.
• C)S₃ is most elastic;S₁ is least elastic.
• D)S₃ is most elastic;S₂ is least elastic.
• E)S₂ is most elastic;S₃ is least elastic.

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