If the Supply Curve Is Unit Elastic,then All of the Following

question 222

Multiple Choice

If the supply curve is unit elastic,then all of the following are correct,except:

• A) A 10% increase in price causes a 10% increase in quantity supplied
• B) A 20% decrease in price causes a 20% decrease in price
• C) The supply curve goes through the origin
• D) A 10% decrease in price causes a 10% increase in quantity supplied
• E) A 20% increase in price causes a 20% increase in quantity supplied