Figure 5-13
-Refer to Figure 5-13.Along which of these segments of the supply curve is supply most elastic?
A) between A and B
B) between C and D
C) between D and H
D) between G and H

Question

Figure 5-13 
-Refer to Figure 5-13.Along which of these segments of the supply curve is supply most elastic?
A) between A and B 
B) between C and D 
C) between D and H 
D) between G and H

Quizplus · Accepted Answer

The segment between A and B is steeper, meaning that relatively small changes in price will result in larger changes in quantity supplied. This indicates a more elastic supply curve.

Figure 5-13 -Refer to Figure 5-13.Along Which of These Segments of the Segments