Which of the Following Statements Is FALSE

question 101

Multiple Choice

Which of the following statements is FALSE?

• A) The flexibility of producers helps determine the supply elasticity.
• B) The time frame helps determine the supply elasticity.
• C) The perfectly inelastic supply curve is vertical.
• D) The perfectly elastic supply curve is horizontal.
• E) Price elasticity of supply can never equal one.

---

Definitions:

Narcissistic Personality Disorder

A mental condition characterized by a long-term pattern of exaggerated self-importance, a deep need for admiration, and a lack of empathy for others.

Antagonism

Active opposition or hostility, either between individuals or drugs where one decreases the effectiveness of the other.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a comprehensive classification of mental disorders published by the American Psychiatric Association.

Narcissistic Personality Disorder

A mental disorder marked by a long-term pattern of exaggerated self-importance, the need for admiration, and a lack of empathy for others.