Suppose the supply curve for digital cameras shifts to the right.This will cause a relatively large decrease in the price of digital cameras if both demand and supply are inelastic.

Question

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If both demand and supply are inelastic, a shift in the supply curve to the right will result in a relatively large decrease in price because the quantity demanded and supplied will not change significantly, leading to a surplus and a subsequent price reduction.

Suppose the Supply Curve for Digital Cameras Shifts to the Right.This