An Increase in Demand Will Cause a Relatively Small Increase

question 71

Multiple Choice

An increase in demand will cause a relatively small increase in price when

• A) the increase in demand is large.
• B) demand is highly elastic.
• C) supply is highly inelastic.
• D) all of the above

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Fields of work focused on aiding individuals, families, groups, and communities to improve their well-being and solve personal or social problems.

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