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If the Supply of a Good Is Relatively Elastic,what Will

Question 146

Multiple Choice
If the supply of a good is relatively elastic,what will changing the price cause
A)a relatively small change in the amounts that buyers are willing to buy
B)a relatively small change in the amounts sellers are willing to sell
C)a relatively large change in the amounts sellers are willing to sell
D)a relatively large change in the amounts that buyers are willing to buy

If the supply of a good is relatively elastic,what will changing the price cause


A) a relatively small change in the amounts that buyers are willing to buy
B) a relatively small change in the amounts sellers are willing to sell
C) a relatively large change in the amounts sellers are willing to sell
D) a relatively large change in the amounts that buyers are willing to buy

Correct Answer:

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