In the market for oil in the short run,demand
A)and supply are both elastic.
B)and supply are both inelastic.
C)is elastic and supply is inelastic.
D)is inelastic and supply is elastic.

Question

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The Answer of In the market for oil in the short run,demand
A)and supply are both elastic.
B)and supply are both inelastic.
C)is elastic and supply is inelastic.
D)is inelastic and supply is elastic.

In the Market for Oil in the Short Run,demand