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Which of the Following Is True of the Demand Curves

Question 12

Multiple Choice

Which of the following is true of the demand curves shown below? Which of the following is true of the demand curves shown below?   A) All of them have constant price elasticity. B) None of them have constant price elasticity. C) Curves (1) and (3) have constant price elasticity. D) Curves (2) and (3) have constant price elasticity.


A) All of them have constant price elasticity.
B) None of them have constant price elasticity.
C) Curves (1) and (3) have constant price elasticity.
D) Curves (2) and (3) have constant price elasticity.

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