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Suppose it has been a fruitful year and there's abundiant supply of anchovy, so the price of anchovy fell from 20x kg. The revenue from
Suppose it has been a fruitful year and there's abundiant supply of anchovy, so the price of anchovy fell from 20x kg. The revenue from the sale of anchovy rose 80 percent. You can conclude that: a. an elastic demand curve for anchovy has shifted to the right. b. an inelastic demand curve for anchovy has shiffed to the right. C. the supply curve for anchovy has shifted to the right along an elastic demand curve. d. the supply curve for anchovy has shifted to the right along an inelastic demand curve. Suppose it has been a fruitful year and there's abundant supply of anchovy, so the price of anchovy fall from 20 TL per kg 15 10 TLow big. The revenue from the sale of anchovy rose 80 percent. You can conclude that: P Wa. an elastic demand curve for anchovy has shifted-to the right. 5 b. an inelastic demand curve for anchovy has shifted to the right. the supply curve for anchovy has shifted to the right along an elastic demand curve. the supply curve for anchovy has shifted to the right along an inelastic demand curve. Demand curve elastic or not
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