1. On a demand curve, demand is more elastic 2. Supply is very inelastic when 3. A price change will have no effect on total revenue if demand is The demand curve is upward-sloping. Which one is correct? (MULTIPLE CHOICES). Thanks! Solution 1   A).At higher prices. 2 c) The quantity supplied does not change at all when price increases. 3 A) Elastic. 4 D) The demand curve is upward-sloping. .

1. 1. On a demand curve, demand is more elastic
2. Supply is very inelastic when
3. A price change will have no effect on total revenue if demand is
The demand curve is upward-sloping.
Which one is correct? (MULTIPLE CHOICES). Thanks!
A).At higher prices.
B). At lower prices.
C) When demand is unitary.
D) At the middle price.
Solution
1 Â Â A).At higher prices.
2 c) The quantity supplied does not change at all when price increases.
3 A) Elastic.
4 D) The demand curve is upward-sloping.