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Question #48217

A shift is demand will have more effect on price than quantity if ?

Options:

A) The price elasticity of supply is price inelastic

B) The price elasticity of supply is price elastic

C) The price elasticity of supply is perfectly elastic

D) The price elasticity of supply is infinity

Answer: A shift is demand will have more effect on price than quantity if The price elasticity of supply is infinity.

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