Answer:
The supply curve with slope of 1. Slope and elasticity are inversely related so the lower the slope, the higher the elasticity.
Explanation:
If a supply has a high slope, such as 3, it means it is relatively steep in shape. This high steepness translates into an inelastic supply curve, meaning that a change in price has a relatively low effect on the quantity supplied.
On the other hand, If a supply has a low slope, such as 1, it means it is relatively flat in shape. This high flatness translates into an elastic supply curve, meaning that a change in price has a relatively high effect on the quantity supplied.
Therefore, slope and elasticity are inversely related. This means that the lower the slope, the higher the elasticity. Hence, a supply curve with a slope of 1 has greater elasticity than a supply curve with a slope of 3. This corresponds to the first option.