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    Principles of Microeconomics Study Set 2
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    Exam 4: Elasticity
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    Refer to the Figure Below
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Refer to the Figure Below

Question 4

Question 4

Multiple Choice

Refer to the figure below. What is the price elasticity of supply at point B and point C? Refer to the figure below. What is the price elasticity of supply at point B and point C?   A) 1/2; 3/4 B) 3/4; 1/2 C) 3; 2 D) 1; 1


A) 1/2; 3/4
B) 3/4; 1/2
C) 3; 2
D) 1; 1

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