If the Supply Schedule for Tin Is Relatively Inelastic to Price

Multiple Choice

If the supply schedule for tin is relatively inelastic to price changes,a decrease in the demand schedule for tin will cause a:

A) Decrease in price and an increase in sales revenue
B) Decrease in price and a decrease in sales revenue
C) Increase in price and an increase in sales revenue
D) Increase in price and a decrease in sales revenue