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Exhibit 5-5 Price Price Price OF X of y of 2.00 2.00 2.00 1.50 1.50 1.50 1.00 1.00 1.00 0 50 100 0 90 100

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Exhibit 5-5 Price Price Price OF X of y of 2.00 2.00 2.00 1.50 1.50 1.50 1.00 1.00 1.00 0 50 100 0 90 100 0 75 100 Quantity of X Quantity of X Quantity of X (1) (2] (3] 15. Refer to Exhibit 5-5. Which of the graphs represents a greater percentage change in quantity demanded than the percentage change in price? Select one: O a. (1) O b. (2) O c. (3) O d. (2) and (3)

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