Elasticities are often ________ in the long run than in the short run. 0 not raised (in higher 0 Lower O the same Analyze the following diagram: 12 Chart of Demand Elasticity Price ($) A Quantity (units are arbitrary) 12 Demand "D" represents a demand curve that is O perfectly inelastic. O relatively inelastic. O perfectly elastic. O relatively elasticThe rate of change in units along the curve is the 0 back of a curve 0 elasticity of a curve. 0 slope of a curve. 0 run of a curve. Question 6 The price elasticity of demand measures the O responsiveness of quantity demanded to a change in price. O responsiveness of quantity supplied to a change in quantity demanded. O responsiveness of quantity demanded to a change in quantity supplied. O responsiveness of price to a change in quantity demanded