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Which of the following would result in price falling more than quantity falls? A

ID: 1176733 • Letter: W

Question

Which of the following would result in price falling more than quantity falls? A decrease in demand when supply is elastic. A decrease in supply when demand is elastic. A decrease in demand when supply is inelastic. A decrease in supply when demand is inelastic. Which of the following would result in price falling more than quantity falls? Which of the following would result in price falling more than quantity falls? A decrease in demand when supply is elastic. A decrease in supply when demand is elastic. A decrease in demand when supply is inelastic. A decrease in supply when demand is inelastic. A decrease in demand when supply is elastic. A decrease in supply when demand is elastic. A decrease in demand when supply is inelastic. A decrease in supply when demand is inelastic. A decrease in demand when supply is elastic.

Explanation / Answer

A decrease in demand when supply is elastic. A decrease in demand when supply is elastic.