Suppose the Demand Curve Becomes More Elastic, but Nothing Else

question 77

True/False

Suppose the demand curve becomes more elastic, but nothing else changes, this implies that the deadweight loss from a given tax will be smaller.

---

Definitions:

Kinesics

The study of body movement and posture.

Verbal Communication

The process of exchanging information and ideas using words, whether spoken or written.

Facial Expressions

The variations in the movement of the facial muscles that convey an individual's emotions, thoughts, or attitudes.

Kinesics

The study of body motion or body behavior as a form of non-verbal communication.