menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Latin American Economic
  4. Exam
    Exam 11: Macroeconomic Stability
  5. Question
    Price Instability of Commodities Is Due To
Solved

Price Instability of Commodities Is Due To

Question 26

Question 26

Multiple Choice

Price instability of commodities is due to:


A) inelastic supply
B) inelastic demand
C) elastic supply
D) elastic demand
E) both a and b

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q21: Why is Chile an example of successful

Q22: How can a commodity boom have negative

Q23: Which international institution was formed to influence

Q24: Show how a major devaluation of the

Q25: During the 1980s:<br>A) AD fell.<br>B) SRAS shifted

Q27: Long run price stability is obtained when

Q28: The recovery from the Lost Decade occurred

Q29: The macroeconomic effect of an oil shock

Q30: Draw a graph and describe how long-run

Q31: Which of these is a policy designed

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines