Graph 5-1
-In Graph 5-1, the section of the demand curve labelled C represents the:
A)elastic section of the demand curve
B)unit elastic section of the demand curve
C)perfectly elastic section of the demand curve
D)inelastic section of the demand curve

Question

Graph 5-1  
-In Graph 5-1, the section of the demand curve labelled C represents the:
A)elastic section of the demand curve 
B)unit elastic section of the demand curve 
C)perfectly elastic section of the demand curve 
D)inelastic section of the demand curve

Quizplus · Accepted Answer

The inelastic section of a demand curve is where a change in price leads to a smaller proportional change in quantity demanded. This typically occurs at lower prices and higher quantities, where consumers are less sensitive to price changes.