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unicorngirl13 unicorngirl13
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4 years ago
Recall the Application about the price and supply of wine to answer the following question(s).


According to the Application, the supply of wine in the short run is ________, so an increase in demand causes the price to ________.

▸ flexible; rise

▸ inflexible; fall

▸ inflexible; rise

▸ flexible; fall
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
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kiyomikakiyomika
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4 years ago
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unicorngirl13 Author
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#2
4 years ago
Appreciate the effort, thank you!
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