Figure 4.6 -Refer to Figure 4.6.As Price Falls from P_A to P_B

Multiple Choice

Figure 4.6
-Refer to Figure 4.6.As price falls from P_A to P_B, the quantity demanded increases most along D_1; 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 P_A but inelastic at P_B.