Suppose that the supply curve of tin is highly inelastic.... — Answer & Explanation | PrepBeePakistan

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HomeMCQsEconomics

MEDIUMENGLISHEconomics

Suppose that the supply curve of tin is highly inelastic. If the demand curve of tin decrease and increase cyclically along the supply curve of tin, then in this market the size of the quantity fluctuation will bathe size of the price fluctuations ?

Correct answer: B

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