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If the Supply Curve of a Good Shifts Increases and Decreases

Question 20

Multiple Choice

If the supply curve of a good shifts increases and decreases cyclically along a relatively Inelastic (or steep) demand curve, then, in this market, the size of price fluctuations will Be __________ than the size of the quantity fluctuations.


A) relatively less
B) the same
C) relatively greater
D) relatively less or the same but not relatively greater

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