The following graph displays four demand curves (LL, MM, NN, and 00) that intersect at point A

Subject:EconomicsPrice:3.85 Bought3

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The following graph displays four demand curves (LL, MM, NN, and 00) that intersect at point A. 
PRICE (Dollars per unit) 
20 18 0 
14 l  D  E N Il 16 `N. + + Caisi A 12 10 L B.11.,—, L 8 6 la 4 N 
2 
0 I 0 2 4 6 
0 

Using the graph, complete the table that follows by indicating whether each statement is true or false. 
Statement 
Between points A and B, curve LL is twit elastic. 
True False 0 0 
Between points A and D, curve NN is inelastic. 0 0 
Curve NN is less elastic between points A and D than curve MM is between points A and C. 0 
0 
5. The variety of demand curves The following graph displays four demand curves (LL, MM, NN, and 00) that intersect at point A. 

441141411) 8 10 12 14 16 18 20 
QUANTITY (Units)