13. Some of the largest copper mines in the world are in Chile. Demand for copper comes from its use in electronics and other items. A recent report stated that the quantity of copper traded had increased from 6 trillion pounds to 6.2 trillion pounds during which time the price decreasal from $2.80 per pound to $2.50 per pound. This information leads you to conclude that A. demand is inelastic demand is elastic supply is elastic POW the cross-price demand elasticity with other metals is negative