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Ben's friend Muhammed broke a window and consequently was punished.Ben said that Muhammed was bad because he had been punished.This would indicate that Ben was at which level and stage of moral reasoning?
Industry Supply
The total quantity of a good or service that producers in an industry are willing and able to sell at different price levels.
Firm's Output
The total quantity of goods and services produced by a company over a particular period.
Perfectly Inelastic Supply Curve
A perfectly vertical supply curve; quantity supplied remains constant no matter what happens to price.
Elastic
A characteristic of a good or service with a demand or supply that significantly changes in response to price changes.
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