LE SAppin a71 PANL A SolutionAnswer is Panel C Explanation P

Solution

Answer is Panel C.

Explanation:

Panel C represent Unit elastic as it represents equal change in distance of supply on X-axis with the change in price on Y-axis.

panel A repesent perfectly inelastic supply

Panel B represent perfectly elastic supply.

Panel D represents more than unit elastic as the supply curve is more flatten towards X-axis.