Figure 6-6 -Refer to Figure 6-6.As Price Falls from PA to PB,the

question 112

Multiple Choice

Figure 6-6
-Refer to Figure 6-6.As price falls from PA to PB,the quantity demanded increases most along D1;therefore

• A)D1 is unit elastic.
• B)D1 is more inelastic than D2 or D3.
• C)D1 is more elastic than D2 or D3
• D)D1 is elastic at PA but inelastic at PB.