Figure 5-2 -In Figure 5-2,compare Demand Curve D Between Points F and Between

question 42

Multiple Choice

Figure 5-2

-In Figure 5-2,compare demand curve D between points F and G to demand curve D' between points J and K.Which of the following statements is correct?

• A)Both demand curves have the same slope,but D' is more elastic in the $2 to $3 range.
• B)Both demand curves have the same slope,but D' is less elastic in the $2 to $3 range.
• C)Both demand curves have the same price elasticity of demand,but D' has a larger slope.
• D)Both demand curves have the same price elasticity of demand,but D' has a smaller slope.
• E)Both demand curves have the same slope and the same value for the price elasticity of demand.

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