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16 April, 09:56

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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Answers (1)
  1. 16 April, 10:27
    0
    A because it is always changing depending on the supply the demand is dependent on the supply
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