Social Studies, 13.01.2020 10:31 gonzalesrosalinda66

If an increase in the supply of fish causes a huge decrease in the price of fish, we can assume:
a. that demand is very elastic
.b. nothing useful.
c. that total revenue fell for fish suppliers.
d. that demand is very inelastic.
e. that demand is unit elastic.

Answers: 1

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If an increase in the supply of fish causes a huge decrease in the price of fish, we can assume:

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More questions: Social Studies Another questions

If an increase in the supply of fish causes a huge decrease in the price of fish, we can assume: a. that demand is very elastic.b. nothing useful.c. that total revenue fell for fish suppliers.d. that demand is very inelastic.e. that demand is unit elastic.

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Another question on Social Studies

If an increase in the supply of fish causes a huge decrease in the price of fish, we can assume:
a. that demand is very elastic
.b. nothing useful.
c. that total revenue fell for fish suppliers.
d. that demand is very inelastic.
e. that demand is unit elastic.