If a rise in the price of oranges from $7 to $9 a carton increases the quantity of cartons supplied from 4,500 to 5,500 cartons, the
A) demand for oranges is elastic.
B) supply of oranges is inelastic.
C) supply of oranges is elastic.
D) demand for oranges is inelastic.

Question

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The Answer of If a rise in the price of oranges from $7 to $9 a carton increases the quantity of cartons supplied from 4,500 to 5,500 cartons, the
A) demand for oranges is elastic.
B) supply of oranges is inelastic.
C) supply of oranges is elastic.
D) demand for oranges is inelastic.

If a Rise in the Price of Oranges from $7