Refer to the figure below. If the price rises from $10 to $14, what will happen to the price elasticity of supply?

Refer to the figure below. If the price rises from $10 to $14, what will happen to the price elasticity of supply?

A.It increases.

B.It stays the same.

C.It decreases.

D.This cannot be determined from the information provided.

正确答案:It decreases.