The Change in Price That Results from a Rightward Shift

question 106

Multiple Choice

The change in price that results from a rightward shift in demand will be greater if

• A) the supply curve is horizontal than if the supply curve is upward sloping.
• B) the supply curve is relatively steep than if the supply curve is relatively flat.
• C) the supply curve is upward sloping than if the supply curve is vertical.
• D) the supply curve is horizontal than if the supply curve is vertical.

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