3 . The variety of demand curves The following graph displays four demand curves (LL, MM, NN, and OO) that intersect at point A. 200 180 O N 160 140 E 120 CX 100 PRICE (Dollars per unit) B 80 60 M 40 N 20 0 20 40 60 80 100 120 140 160 200 QUANTITY (Units) Is Using the graph, complete the table that follows by indicating whether each statement is true or false. Statement True False Curve MM is more elastic between points A and C than curve NN is between points A and D. O Between points A and E, curve OO is perfectly inelastic. Between points A and C, curve MM is inelastic. O 2.0