Exhibit 5.10 -Refer to Exhibit 5.10,which Shows Two Upward-Sloping Linear Supply Curves

Multiple Choice

Exhibit 5.10

-Refer to Exhibit 5.10,which shows two upward-sloping linear supply curves that pass through the origin.Which supply curve is more elastic?

A) Both S and S' have the same elasticity.
B) S is more elastic at lower prices, and S' is more elastic at higher prices.
C) S is more elastic at higher prices, and S' is more elastic at lower prices.
D) S is more elastic than S'.
E) S' is more elastic than S.