Multiple Choice
Economists note that instability of the prices of primary products (tin, coffee, copper) is mainly caused by
A) low price elasticity of demand and low price elasticity of supply.
B) low price elasticity of demand and high price elasticity of supply.
C) high price elasticity of demand and low price elasticity of supply.
D) high price elasticity of demand and high price elasticity of supply.
Correct Answer:
Verified
Correct Answer:
Verified
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