3492EconomicsMedium
Suppose that the demand curve for tin is highly inelastic. If the supply curve of tin decrease and increase cyclically along the demand curve for tin then in this market the size of the price fluctuation will be ________ the size of the quantity fluctuations?
Aany of the above
Brelatively less than
Cthe same as
Drelatively greater then
Correct answer
D. relatively greater then
Explanation
The correct answer is relatively greater then.