Figure 7-17 -Consider Figure 7-17. Between the Prices of $5 and $6

Multiple Choice

Figure 7-17
-Consider Figure 7-17. 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.