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Author Question: The price elasticity of an upward-sloping supply curve is always A) positive. B) impossible to ... (Read 50 times)

sheilaspns

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on: Jun 29, 2018
The price elasticity of an upward-sloping supply curve is always
 
  A) positive. B) impossible to determine.
  C) greater than one. D) negative.

Question 2

An increase in the price of oranges will increase the demand for grapefruits. This statement is an example of a normative economic statement.
 
  Indicate whether the statement is true or false
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Kdiggy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

FALSE


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