Question
The demand for oranges increases. As a result, the price of oranges ________, and the more elastic the supply of corn, the ________ will be
The demand for oranges increases. As a result, the price of oranges ________, and the more elastic the supply of corn, the ________ will be the effect on the price.
Select one:
does not change; greater
rises; greater
falls; greater
falls; smaller
rises; smaller
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
