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Using the graph provided, which one of the below statements is TRUE A

Economics

Using the graph provided, which one of the below statements is TRUE A. When moving from point B to point there is relative elasticity of demand B. When going from point B to point A there is relative elasticity of supply C. Point A is more likely to be the producer price point than point B or C D. Point B is more likely to be the producer price point than point A or C E. Point C is more likely to be the producer price point than point A or B F. The graph diplays perfect elasticity of demand G. The graph displays perfect inelasticity Elasticity $12,000 A Price = $9750 Units = 50 $10,000 $8,000 B Price = $6000 Units = 120 $6,000 $4,000 ? Price = $2000 Units = 200 $2,000 Price ($) SO 0 50 Units 100 150 200 250

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