The Long-Run Supply Curve Would Be Upward-Sloping If

question 26

Multiple Choice

The long-run supply curve would be upward-sloping if

• A)resource prices fall as industry production contracts.
• B)resource prices rise as industry production contracts.
• C)resource prices are not affected by changes in industry output-level.
• D)resource prices are set by the government.Topic: Long-Run Supply Curves

---

Definitions:

Emotional Appeal

A persuasive technique used in communication that connects with the audience's emotions to convince or influence them.

Audience's Feelings

The emotions or sentiments experienced by viewers, readers, or listeners in response to a message, performance, or event.

Logical Appeal

A method of persuasion that uses evidence and reasoning to convince an audience of a particular point of view or action.

Human Reason

The capacity of the human mind to analyze, create, deduce, and understand logical connections and facts.