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The Figure Given Below Shows the Demand Curves for Five

question 109

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The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1
The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1    -Refer to Figure 6.1. Which of the following is true of the demand curve for A? A) Consumers purchase any quantity of A regardless of the price. B) There is no change in the quantity demanded of A as the price changes. C) A small price change will cause consumers to change their consumption by a much larger quantity. D) The smallest price increase will cause consumers to switch to the producer with a lower price. E) The price elasticity of demand for A is equal to 1.
-Refer to Figure 6.1. Which of the following is true of the demand curve for A?

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