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Other Fields Homework Help Economics Topic started by: thallium81 on Oct 8, 2023



Title: If market demand is inelastic and supply is subject to severe shifts from season to season, it ...
Post by: thallium81 on Oct 8, 2023

If market demand is inelastic and supply is subject to severe shifts from season to season, it follows that



price changes are likely to be small.



price changes are likely to be large.



total revenue is likely to be constant over time.



total revenue is likely to be highly volatile.



b and d



Title: Re: If market demand is inelastic and supply is subject to severe shifts from season to season, it ...
Post by: tranle311 on Oct 8, 2023
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