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    Exam 6: Elasticity: the Responsiveness of Demand and Supply
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    Figure 6-12 -Refer to Figure 6-12.The Diagram Shows Two Supply Curves, S<sub>A</sub>
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Figure 6-12 -Refer to Figure 6-12.The Diagram Shows Two Supply Curves, SA

Question 66

Question 66

Multiple Choice

Figure 6-12
Figure 6-12    -Refer to Figure 6-12.The diagram shows two supply curves, S<sub>A</sub> and S<sub>B</sub>.As price rises from P₀ to P₁, which supply curve is more elastic? A) S<sub>A</sub> B) S<sub>B</sub> C) They are equally inelastic. D) They are equally elastic.
-Refer to Figure 6-12.The diagram shows two supply curves, SA and SB.As price rises from P₀ to P₁, which supply curve is more elastic?


A) SA
B) SB
C) They are equally inelastic.
D) They are equally elastic.

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