In the graph aboveA) D1 is more inelastic than D2.B) D2 is more inelastic than D1.C) D1 and D2 have the same elasticity.D) There is no way to tell whether D1 or D2 is more elastic.

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Nikil Rangaswamy · Accepted Answer

Final Answer : A, Explanation :  A demand curve is more inelastic if it is steeper. If D1 is steeper than D2, then D1 is more inelastic than D2.

In the graph above

A) D1 is more inelastic than D2.
B) D2 is more inelastic than D1.
C) D1 and D2 have the same elasticity.
D) There is no way to tell whether D1 or D2 is more elastic.

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