Use the figure below to answer the following question.

Figure 4.3.1
-The two supply curves in Figure 4.3.1 are parallel. Between $7 to $8,
A)S₁ is more elastic than S₂.
B)S₁ is more inelastic than S₂.
C)S₁ and S₂ have the same elasticity.
D)S₁ is steeper than S₂.
E)S₁ is flatter than S₂.

Question

Use the figure below to answer the following question.
  
Figure 4.3.1
-The two supply curves in Figure 4.3.1 are parallel. Between $7 to $8,
A)S₁ is more elastic than S₂. 
B)S₁ is more inelastic than S₂. 
C)S₁ and S₂ have the same elasticity. 
D)S₁ is steeper than S₂. 
E)S₁ is flatter than S₂.

Quizplus · Accepted Answer

The Answer of Use the figure below to answer the following question.
  
Figure 4.3.1
-The two supply curves in Figure 4.3.1 are parallel. Between $7 to $8,
A)S₁ is more elastic than S₂. 
B)S₁ is more inelastic than S₂. 
C)S₁ and S₂ have the same elasticity. 
D)S₁ is steeper than S₂. 
E)S₁ is flatter than S₂.

Use the Figure Below to Answer the Following Question