Consider a Firm's Price Elasticity of Supply

question 73

Multiple Choice

Consider a firm's price elasticity of supply.If firms' costs rise rapidly as output increases,the

• A)supply curve will tend to be flat.
• B)demand curve will tend to be steep.
• C)elasticity of demand will tend to be low.
• D)price elasticity of supply will tend to be high.
• E)price elasticity of supply will tend to be low.

---

Definitions:

Behavioral Genetics

A discipline that investigates how genetics and environmental factors affect behavior.

Obstetrics

A medical specialty focused on care during pregnancy, childbirth, and the postpartum period.

Gynecology

The medical practice dealing with the health of the female reproductive systems and the breasts.

Alzheimer's Disease

A progressive neurological disorder that results in the degeneration and death of brain cells, leading to memory loss, cognitive decline, and personality changes.