As Price Elasticity of Supply Increases,the Supply Curve

question 47

Multiple Choice

As price elasticity of supply increases,the supply curve

• A)becomes flatter.
• B)becomes steeper.
• C)becomes downward sloping.
• D)shifts to the right.

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Definitions:

Moral Sentiment

An emotional response that informs or is related to one's sense of right and wrong.

Shame

A feeling resulting from the violation of a social norm.

Ethical Subjectivist

The belief that moral judgments are statements of one's feelings or attitudes, and therefore, are neither true nor false.

Right

Morally good, justified, or acceptable; also refers to a legal entitlement or privilege.