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Exhibit 39-6 -Refer to Exhibit 39-6.A Major Change in Weather Conditions Favorable

question 110

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Exhibit 39-6 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) D<sub>1</sub>;more elastic than D<sub>2</sub> B) D<sub>1</sub>;more inelastic than D<sub>2</sub> C) D<sub>2</sub>;more elastic than D<sub>1</sub> D) D<sub>2</sub>;more inelastic than D<sub>1</sub>
-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.


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