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01-01-2018
Social Studies

contestada

When price increases, quantity supplied

( A. Stays the same)

( B. Decreases)

( C. Increases)

(D. Becomes zero)

Respuesta :

01-01-2018

The answer is C) Increases

The supply curve has positive slope relative to price, meaning as price goes up, firms are willing to supply more.
The demand curve is the opposite: as price increases, demand falls, because consumers prefer to pay less for products.

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