Economists Note That Instability of the Prices of Primary Products

question 70

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.

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Definitions:

Physical Aggression

Behaviors that intend to cause physical harm or injury to another person.

Effect Size

A quantitative measure of the magnitude of a phenomenon or the strength of the relationship between two variables.

Sex-Selective Abortion

The practice of terminating a pregnancy based upon the predicted sex of the unborn child, often favoring males over females.

Female Infanticide

The deliberate killing of newborn female children, a practice occurring in some cultures driven by gender preference.