Multiple Choice
Use the figure below to answer the following question.
Figure 4.3.1
-The two supply curves in Figure 4.3.1 are parallel. Between $7 to $8,
A) S₁ is more elastic than S₂.
B) S₁ is more inelastic than S₂.
C) S₁ and S₂ have the same elasticity.
D) S₁ is steeper than S₂.
E) S₁ is flatter than S₂.
Correct Answer:

Verified
Correct Answer:
Verified
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