If the demand of a product with perfectly elastic supply increases, there will be
A.
An increase in price and quantity offered
B.
An increase in quantity offered but price will remain the same
C.
A reduction in price and quantity offered
D.
An increase in price but a reduction in quantity offered for sale
E.
An increase in quantity offered but a reduction in price?
3 Answers Available
Asked by ifeanyi on 31st July, 2020
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