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thallium81 thallium81
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6 months ago

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

Textbook 
Economics

Economics


Edition: 12th
Author:
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tranle311tranle311
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6 months ago
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thallium81 Author
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6 months ago
Thanks for your help!!
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
this is exactly what I needed
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