Social Studies, 17.09.2019 21:00 mmaglaya1
If the demand curve for a life-saving medicine is perfectly inelastic, then a reduction in supply will cause the equilibrium price to: rise and the equilibrium quantity to fall. rise and the equilibrium quantity to stay the same. rise and the equilibrium quantity to rise. stay the same and the equilibrium quantity to fall.
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If the demand curve for a life-saving medicine is perfectly inelastic, then a reduction in supply wi...
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