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Supply Curves Are Always Upward Sloping

question 94

True/False

Supply curves are always upward sloping.


Definitions:

Peak Experience

A moment of intense ecstasy, similar to a religious or mystical experience, during which the self is transcended.

Maslow

Known for establishing Maslow's hierarchy of needs, Abraham Maslow was a distinguished American psychologist who proposed that psychological well-being is achieved by meeting innate human needs in a specific order, with self-actualization as the final goal.

Ecstasy

Ecstasy commonly refers to a heightened state of intense joy or happiness, or a synthetic drug known for inducing euphoria and altering perception.

Self-actualizers

Individuals who have fulfilled their potential and have realized their abilities, often associated with Maslow's hierarchy of needs.

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