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Table Demand Curve A Demand Curve B Demand Curve C Price $1.00 $2.00 $1.00 $3.00 $2.00 $5.00 Quantity Supplied 600 500 900 600 700 400

Table

Demand Curve A

Demand Curve B

Demand Curve C

Price

$1.00

$2.00

$1.00

$3.00

$2.00

$5.00

Quantity Supplied

600

500

900

600

700

400

Refer to Table above. Using the midpoint method, which of the three demand curves represents the least elastic demand?

Group of answer choices

curve A

curve B

curve C

All three curves have the same elasticity.

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