Which of the Following Statements Is True

Which of the following statements is true?

A) Price volatility can make budgetary planning for households and ?rms very di?cult.
B) An increase in supply when demand is inelastic will cause an increase in price.
C) The price volatility of consumer products tends to be higher than price volatility in agricultural produce.
D) When supply is elastic an increase in demand drives prices higher than when supply is