Economists Note That Instability of Prices of Primary Products (Tin,coffee,copper)

question 86

Multiple Choice

Economists note that instability of 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:

Masculinization

Process by which exposure to androgens (male sex hormones) alters the brain, rendering it identifiably male.

Brain

The organ of the central nervous system in vertebrates, located in the skull, responsible for coordinating sensory information and directing behavioral responses.

Testosterone

Sex hormone secreted by the testes and responsible for the distinguishing characteristics of the male.

Neuropeptide Y

A neurotransmitter found in the brain and autonomic nervous system, involved in the regulation of energy balance, memory, and learning.