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Demand for Vegetables at a Small Farmers' Market Is Steady,but

Question 101

Multiple Choice

Demand for vegetables at a small farmers' market is steady,but the supply of vegetables has decreased because of a drought.This is good news for farmers if demand is _____ and the _____ effect outweighs the _____ effect.


A) inelastic;price;quantity
B) elastic;price;quantity
C) inelastic;output;price
D) elastic;output;price

Correct Answer:

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