(Figure) The figure shows a basic demand curve with four points labeled A through
A)
$\begin{array}{|l|l|}
\hline \begin{array}{l}
\text { Price } \
\text { Change }
\end{array} & E D \
\hline A \text { to } B & 2.33 \
\hline B \text { to } C & 2.33 \
\hline C \text { to } D & 2.33 \
\hline
\end{array}$
B)
$\begin{array}{|l|l|}
\hline \begin{array}{l}
\text { Price } \
\text { Change }
\end{array} & E D \
\hline A \text { to } B & 2.33 \
\hline B \text { to } C & 1 \
\hline C \text { to } D & 0.43 \
\hline
\end{array}$
C)
$\begin{array}{|l|l|}
\hline \begin{array}{l}
\text { Price } \
\text { Change }
\end{array} & E D \
\hline A \text { to } B & 0.43 \
\hline B \text { to } C & 1 \
\hline C \text { to } D & 2.33 \
\hline
\end{array}$
D)
$\begin{array}{|l|l|}
\hline \begin{array}{l}
\text { Price } \
\text { Change }
\end{array} & E D \
\hline A \text { to } B & 1 \
\hline B \text { to } C & 2.33 \
\hline C \text { to } D & 0.43 \
\hline
\end{array}$

Question

(Figure) The figure shows a basic demand curve with four points labeled A through
A) 
 $\begin{array}{|l|l|}
\hline \begin{array}{l}
\text { Price } \
\text { Change }
\end{array} & E D \
\hline A \text { to } B & 2.33 \
\hline B \text { to } C & 2.33 \
\hline C \text { to } D & 2.33 \
\hline
\end{array}$
B) 
 $\begin{array}{|l|l|}
\hline \begin{array}{l}
\text { Price } \
\text { Change }
\end{array} & E D \
\hline A \text { to } B & 2.33 \
\hline B \text { to } C & 1 \
\hline C \text { to } D & 0.43 \
\hline
\end{array}$
C) 
 $\begin{array}{|l|l|}
\hline \begin{array}{l}
\text { Price } \
\text { Change }
\end{array} & E D \
\hline A \text { to } B & 0.43 \
\hline B \text { to } C & 1 \
\hline C \text { to } D & 2.33 \
\hline
\end{array}$
D) 
 $\begin{array}{|l|l|}
\hline \begin{array}{l}
\text { Price } \
\text { Change }
\end{array} & E D \
\hline A \text { to } B & 1 \
\hline B \text { to } C & 2.33 \
\hline C \text { to } D & 0.43 \
\hline
\end{array}$

Quizplus · Accepted Answer

The correct choice reflects a demand curve where the price elasticity of demand (ED) decreases as we move down the curve from A to D, indicating that the sensitivity to price changes decreases as price decreases and quantity demanded increases. This is consistent with the typical behavior of a demand curve, where the upper portions are more elastic and the lower portions are less elastic.

(Figure) the Figure Shows a Basic Demand Curve with Four