Economics JAMB

The short-run inelasticity of supply of agricultural produce causes?
The short-run inelasticity of supply of agricultural produce causes?The short-run inelasticity of supply of agricultural produce causes?

A. stability in prices
B. a steady rise in prices
C. a steady decline in prices
D. instability in prices

Correct Answer:

Option B – a steady rise in prices

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5 years ago

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