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If OPEC increases its price of oil, and still the demand for oil decreases by a very small amount, we can conclude that the demand
- If OPEC increases its price of oil, and still the demand for oil decreases by a very small amount, we can conclude that the demand for oil is
Select one:
A.relatively elastic.
B.relatively inelastic.
C.perfectly elastic.
D.perfectly inelastic.
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The World Economy Geography, Business, Development
Authors: Frederick P. Stutz, Barney Warf
6th edition
321722508, 321722507, 978-0321722508
