The ____ the demand curve for a good, the ____ the change in equilibrium quantity after a shift of the supply curve.
A)flatter; greater
B)flatter; smaller
C)farther from the origin at every output level; greater
D)farther from the origin at every output level; smaller

Question

The ____ the demand curve for a good, the ____ the change in equilibrium quantity after a shift of the supply curve.
A)flatter; greater 
B)flatter; smaller 
C)farther from the origin at every output level; greater 
D)farther from the origin at every output level; smaller

Quizplus · Accepted Answer

When the demand curve is flatter (more horizontal), it means that a small change in price will result in a larger change in quantity demanded. This makes the market more sensitive to changes in supply and therefore the change in equilibrium quantity will be greater.

The ____ the Demand Curve for a Good, the ____

The the Demand Curve for a Good, the