Figure 7-9 -Refer to Figure 7-9.As Price Falls from PA to PB,the

Multiple Choice

Figure 7-9

-Refer to Figure 7-9.As price falls from PA to PB,the quantity demanded increases the most along D₁; therefore

A) D₁ is unit elastic.
B) D₁ is more inelastic than D₂ or D₃.
C) D₁ is more elastic than D₂ or D₃
D) D₁ is elastic at PA but inelastic at PB.