Question: need help on this question please the demand curve for petroleum (oil refinery) should be a)less elastic in the long run than in the short
need help on this question please
the demand curve for petroleum (oil refinery) should be
a)less elastic in the long run than in the short run
b)perfect inelastic in the short run
c)more or less elastic depending upon the supply conditions
d)elastic in the long run as it is in the short run
e)more elastic in the long run than in the short run
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