The Figure Given Below Shows the Demand Curves for Five

Multiple Choice

The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1

-Which of the following would most likely be highly price-elastic?

A) The demand for milk by a household
B) The demand for insulin by a diabetes patient
C) The demand for water
D) The demand for new houses
E) The demand for coal over a period of one month