Which of the Following Statements Concerning the Slope of Market

question 109

Multiple Choice

Which of the following statements concerning the slope of market supply is false?

• A)Market supply usually gets steeper as output increases.
• B)The slope of a market supply curve depends on the slopes of individual marginal cost curves.
• C)The steeper marginal cost curves are for individual firms, the steeper market supply will be.
• D)The slope of market supply is somewhat dependent on the shape of the market demand curve.
• E)Individual marginal cost curves have positive slopes, and so does market supply.

---

Definitions:

Sequential Compression Stockings

Medical devices designed to improve blood flow and prevent blood clots in the legs through alternating pressure.

Intermittent Pressure

A method of applying pressure in a non-continuous way, often used in medical treatments to improve circulation or reduce swelling.

Calves

The young of domestic cattle or the muscular back portion of the lower leg in humans and some other mammals.

Pressure Ulcers

Injuries to skin and underlying tissues, typically on bony areas, resulting from prolonged pressure or friction.