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    Principles of Macroeconomics Study Set 8
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    Exam 5: Elasticity and Its Applications: The Elasticity of Supply
  5. Question
    As Price Elasticity of Supply Increases,the Supply Curve
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As Price Elasticity of Supply Increases,the Supply Curve

Question 47

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.

Correct Answer:

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