Exhibit 5-21 Which Supply Curve Is More Elastic in Exhibit

Multiple Choice

Exhibit 5-21 Which supply curve is more elastic in Exhibit 5-21?

A) Both S and S' have the same elasticity.
B) S is more elastic at lower prices and S' is more elastic at higher prices.
C) S is more elastic at higher prices and S' is more elastic at lower prices.
D) S
E) S'