-Refer to the Graph Above to Answer This Question

question 101

Multiple Choice

-Refer to the graph above to answer this question.Which of the following statements is correct?

• A)Demand curve D₁ is the inelastic portion of a curve that could be extended downward to the right.
• B)Demand curve D₁ is the elastic portion of a curve that could be extended downward to the right.
• C)Demand curve D₁ is more inelastic than D₂.
• D)Demand curve D₁ is perfectly elastic.

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Definitions:

Flexible Working Hours

Employment terms that allow employees to choose their working hours within certain agreed-upon limits to balance work and personal life.

Daily Work Hours

The number of hours an individual is expected to work each day, which can vary based on the employer, job role, and country's labor laws.

Greater Autonomy

The increased independence and freedom to make decisions without external control, often leading to higher job satisfaction and productivity.

Absenteeism

The habitual non-presence of an employee at their job, which can be a sign of workplace issues such as dissatisfaction or health problems.