The change in price that results from a rightward shift in demand will

The change in price that results from a rightward shift in demand will be greater if

A) the supply curve is horizontal than if the supply curve is upward sloping.
B) the supply curve is relatively steep than if the supply curve is relatively flat.
C) the supply curve is upward sloping than if the supply curve is vertical.
D) the supply curve is horizontal than if the supply curve is vertical.

 

ANSWER

B

 

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