Rank the points A, B and C on the demand curve in the figure below in order of greatest to least elasticity of demand.
A)C, A, B.
B)B, A, C.
C)A, B, C.
D)They are of equal elasticity.
E)More information is needed.

Question

Rank the points A, B and C on the demand curve in the figure below in order of greatest to least elasticity of demand. 
A)C, A, B. 
B)B, A, C. 
C)A, B, C. 
D)They are of equal elasticity. 
E)More information is needed.

Quizplus · Accepted Answer

The Answer of Rank the points A, B and C on the demand curve in the figure below in order of greatest to least elasticity of demand. 
A)C, A, B. 
B)B, A, C. 
C)A, B, C. 
D)They are of equal elasticity. 
E)More information is needed.

Rank the Points A, B and C on the Demand