An Increase in Supply Will Lower Price Unless

question 72

Multiple Choice

An increase in supply will lower price unless:

• A)supply is perfectly price inelastic.
• B)demand is perfectly price elastic.
• C)it is followed by a reduction in quantity demanded.
• D)demand is highly price inelastic.
• E)both demand and supply are highly price inelastic.

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Definitions:

Emotional Appeals

Persuasive techniques that attempt to influence an audience's feelings to inspire a desired reaction or decision.

Aristotle

An ancient Greek philosopher and scientist whose work covers various knowledge areas, including metaphysics, ethics, and logic.

Pathos

An appeal to emotion in rhetoric or literature, aiming to persuade or move the audience through feelings and passions.

Emotional Appeal

A persuasive technique that targets the emotions of the audience to elicit a response or influence an opinion.