If the Demand for Good a Is More Elastic Than

Multiple Choice

If the demand for good A is more elastic than the demand for good B,a small increase in supply in both markets will cause

A) a much greater increase in the equilibrium quantity of good A than for good B
B) a much greater increase in the equilibrium quantity of good B than for good A
C) the equilibrium quantity will decrease by the same amount in both markets
D) only the equilibrium quantity of good B will decrease
E) only the equilibrium quantity of good A will decrease