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Exhibit 5-20 Consider Exhibit 5-20

Question 158

Multiple Choice

Exhibit 5-20 Exhibit 5-20 Consider Exhibit 5-20.Between the prices of $5 and $6, which supply curve is most elastic and which is least elastic? A) S<sub>1</sub> is most elastic; S<sub>2</sub> is least elastic. B) S<sub>1</sub> is most elastic; S<sub>3</sub> is least elastic. C) S<sub>3</sub> is most elastic; S<sub>1</sub> is least elastic. D) S<sub>3</sub> is most elastic; S<sub>2</sub> is least elastic. E) S<sub>2</sub> is most elastic; S<sub>3</sub> is least elastic. Consider Exhibit 5-20.Between the prices of $5 and $6, which supply curve is most elastic and which is least elastic?


A) S1 is most elastic; S2 is least elastic.
B) S1 is most elastic; S3 is least elastic.
C) S3 is most elastic; S1 is least elastic.
D) S3 is most elastic; S2 is least elastic.
E) S2 is most elastic; S3 is least elastic.

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