Price (dollars) 10+ 52 8 .0 4 2 0 24 0-24 0 Quantity Figure 4.3.1 11) The two supply curves in Figure 4.3.1 are parallel. Between $7 to $8, A) S1 is more inelastic than S2. B) S1 and S2 have the same elasticity. C) S1 is flatter than S2. D) S1 is steeper than S2. E) S1 is more elastic than S2. J.
Price (dollars) 10+ 52 8 .0 4 2 0 24 0-24 0 Quantity Figure 4.3.1 11) The two supply curves in Figure 4.3.1 are parallel. Between $7 to $8, A) S1 is more inelastic than S2. B) S1 and S2 have the same elasticity. C) S1 is flatter than S2. D) S1 is steeper than S2. E) S1 is more elastic than S2. J.
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Transcribed Image Text:Price (dollars)
10+
52
8
.0
4
2
0
24
0-24
0
Quantity
Figure 4.3.1
11) The two supply curves in Figure 4.3.1 are parallel. Between $7 to $8,
A) S1 is more inelastic than S2.
B) S1 and S2 have the same elasticity.
C) S1 is flatter than S2.
D) S1 is steeper than S2.
E) S1 is more elastic than S2.
J.
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