Questions 5, 6, 12, and 13 multiple choice options: first tab: demand is inelastic / demand is elastic. Second tab: responsive / are not very responsive.Please help with question 14 as well ? thank you so much! Questions 5, 6, 12, 13, and 14 ?

Question 5 2 pts What can you tell about the Price Elasticity of Demand if the slope of the demand curve is somewhat flat? demand is elastic Indicating that buyers are responsive to a change in price. Question 6 2 pts What can you tell about the Price Elasticity of Demand if the slope of the demand curve is somewhat steep (looks more like an "I")? demand is inelastic Indicating that buyers are not very responsive to a change in price. Ante D Question 12 2 pts What can you tell about the Price Elasticity of Supply if the slope of the supply curve is somewhat flat? [ Select ] Indicating that sellers are [ Select ] to a change in price. Question 13 2 pts What can you tell about the Price Elasticity of Supply if the slope of the supply curve is somewhat steep (looks more like an "I")? [ Select ] Indicating that sellers are [ Select ] to a change in price. Question 14 1 pts What is the formula for calculating the Income Elasticity of Demand? O (% change in income)/(% change in quantity demanded) O (% change in quantity demanded)/(% change in income) D Question 15 1 pts