Business, 31.03.2020 03:06 jaidenlaine9261

If a rise in the price of oranges from $7 to $9 a bushel, caused by a shift of the demand curve, increases the quantity of bushels supplied from 4,500 to 5,500 bushels, the A. demand for oranges is elastic. B. supply of oranges is elastic. C. demand for oranges is inelastic. D. supply of oranges is inelastic.

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If a rise in the price of oranges from $7 to $9 a bushel, caused by a shift of the demand curve, inc...

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