Multiple Choice
Exhibit 39-6
-Refer to Exhibit 39-6.A major change in weather conditions favorable to the production of X will shift the supply curve for X from its original position.The consequent change in price and total revenue would be less sharp if the demand curve for X is __________ because it is __________ over the relevant region.
A) D1;more elastic than D2
B) D1;more inelastic than D2
C) D2;more elastic than D1
D) D2;more inelastic than D1
Correct Answer:

Verified
Correct Answer:
Verified
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