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    Exam 6: Elasticity: the Responsiveness of Demand and Supply
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    The Price Elasticity of an Upward-Sloping Supply Curve Is Always
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The Price Elasticity of an Upward-Sloping Supply Curve Is Always

Question 108

Question 108

Multiple Choice

The price elasticity of an upward-sloping supply curve is always


A) positive.
B) negative.
C) greater than one.
D) impossible to determine.

Correct Answer:

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