Ask Question
26 September, 12:24

A decrease in supply will cause the smallest increase in price when both supply and demand are elastic. demand is elastic and supply is inelastic. both supply and demand are inelastic. demand is inelastic and supply is elastic.

+1
Answers (1)
  1. 26 September, 12:49
    0
    Both supply and demand are elastic
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A decrease in supply will cause the smallest increase in price when both supply and demand are elastic. demand is elastic and supply is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers