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-Refer to the Graph Above to Answer This Question

Question 101

Multiple Choice

-Refer to the graph above to answer this question.Which of the following statements is correct? A) Demand curve D<sub>1</sub> is the inelastic portion of a curve that could be extended downward to the right. B) Demand curve D<sub>1</sub> is the elastic portion of a curve that could be extended downward to the right. C) Demand curve D<sub>1</sub> is more inelastic than D<sub>2</sub>. D) Demand curve D<sub>1</sub> is perfectly elastic.
-Refer to the graph above to answer this question.Which of the following statements is correct?


A) Demand curve D1 is the inelastic portion of a curve that could be extended downward to the right.
B) Demand curve D1 is the elastic portion of a curve that could be extended downward to the right.
C) Demand curve D1 is more inelastic than D2.
D) Demand curve D1 is perfectly elastic.

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