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Use the Figure Below to Answer the Following Question

Question 155

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Use the figure below to answer the following question.
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.
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:

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