单选题
编号:2692088
1. Which of the following statements about elasticity is least accurate?
- A.Both demand and supply are more elastic in the long run than in the short run.
- B.When demand is inelastic,an increase in price will cause a decrease in the total expenditure on a good.
- C.When the price of a product increases,consumers will reduce their consumption by a larger amount in the long run than in the short run.