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    Exam 5: Elasticity and Its Application
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    Graph 5-3 -In Graph 5-3, as Price Falls from P<sub>A</sub> to P<sub>B</sub>
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Graph 5-3 -In Graph 5-3, as Price Falls from PA to PB

Question 178

Question 178

Multiple Choice

Graph 5-3
Graph 5-3    -In Graph 5-3, as price falls from P<sub>A</sub> to P<sub>B</sub>, which demand curve is most elastic? A)  D<sub>1</sub> B)  D<sub>2</sub> C)  D<sub>3</sub> D)  all of the above are equally elastic
-In Graph 5-3, as price falls from PA to PB, which demand curve is most elastic?


A) D1
B) D2
C) D3
D) all of the above are equally elastic

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