A Key Determinant of the Price Elasticity of Supply Is

question 11

Multiple Choice

A key determinant of the price elasticity of supply is

• A)the ability of sellers to change the price of the good they produce.
• B)the ability of sellers to change the amount of the good they produce.
• C)how responsive buyers are to changes in sellers' prices.
• D)the slope of the demand curve.

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Definitions:

Induction

One method parents use to enforce control of children’s behavior. Involves use of explanation, giving reasons for rules and appealing to children’s desires to be grown-up. The most effective way to promote the internalization of rules.

Spanking

A form of physical punishment involving hitting the buttocks with the hand or an object as a disciplinary measure.

Discipline

The tendency of parents to limit or demand behavior by exerting or requiring control.

Withdrawal Of Love

A disciplinary method where a caregiver withholds affection or attention as a form of punishment.