Figure 5-19
-Refer to Figure 5-19. Which of the following statements is correct?
A) Supply curve A is perfectly elastic.
B) Supply curve B is perfectly inelastic.
C) Supply curve C is more inelastic than supply curve D.
D) Supply curve D is unit elastid.

Question

Figure 5-19 
-Refer to Figure 5-19. Which of the following statements is correct?
A) Supply curve A is perfectly elastic. 
B) Supply curve B is perfectly inelastic. 
C) Supply curve C is more inelastic than supply curve D. 
D) Supply curve D is unit elastid.

Quizplus · Accepted Answer

Supply curve C is steeper than supply curve D, indicating that it is more inelastic.

Figure 5-19 -Refer to Figure 5-19. Which of the Following Statements Is