Figure 6-6 -Refer to Figure 6-6.As Price Falls from P_A to P_B,the

question 129

Multiple Choice

Figure 6-6
-Refer to Figure 6-6.As price falls from P_A to P_B,the quantity demanded increases most along D₁therefore,

• A) D 1 is unit elastic.
• B) D 1 is more inelastic than D 2 or D 3 .
• C) D 1 is more elastic than D 2 or D 3
• D) D 1 is elastic at P A but inelastic at P B .

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