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    Microeconomics Study Set 8
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    Exam 4: Elasticity: The Responsiveness of Demand and Supply
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    Figure 4.9 -Refer to Figure 4.9.The Diagram Shows Two Supply Curves, S<sub>A</sub>
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Figure 4.9 -Refer to Figure 4.9.The Diagram Shows Two Supply Curves, SA

Question 105

Question 105

Multiple Choice

Figure 4.9 Figure 4.9   -Refer to Figure 4.9.The diagram shows two supply curves, S<sub>A</sub> and S<sub>B</sub>.As price rises from P<sub>0</sub> to P<sub>1</sub>, which supply curve is more elastic? A) S<sub>A</sub> B) S<sub>B</sub> C) They are equally inelastic. D) They are equally elastic.
-Refer to Figure 4.9.The diagram shows two supply curves, SA and SB.As price rises from P0 to P1, which supply curve is more elastic?


A) SA
B) SB
C) They are equally inelastic.
D) They are equally elastic.

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