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The Supply Curve of Good A,and the Supply Curve If

Question 1

Multiple Choice

The supply curve of good A,and the supply curve if good B are both depicted in the following graph.Which statement is true?
The supply curve of good A,and the supply curve if good B are both depicted in the following graph.Which statement is true? A) Supply of good A is more elastic than the supply of good B. B) Supply of good B is more elastic than the supply of good B. C) Supply of good A is unit elastic. D) Supply of good B is perfectly inelastic.


A) Supply of good A is more elastic than the supply of good B.
B) Supply of good B is more elastic than the supply of good B.
C) Supply of good A is unit elastic.
D) Supply of good B is perfectly inelastic.

Correct Answer:

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