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Because the demand curve for oil is _ elastic in the long run, OPEC’s reduction in the supply of oil had a _ impact on the price in the long run than it did in the short run.

A、 less; smaller
B、 less; larger
C、 more; smaller
D、 more; larger

发布时间：2025-10-16 02:06:16

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答案：C

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Because the demand curve for oil is _________ elastic in the long run, OPEC’s reduction in the supply of oil had a _________ impact on the price in the long run than it did in the short run.