MCQOPTIONS
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| 1. |
The law of supply states that an increase in the price of a good ? |
| A. | none of these answers |
| B. | increases the quantity supplied of that good |
| C. | increase the supply of that good |
| D. | decrease the demand for the good |
| E. | decrease the quantity demanded for that good |
| Answer» C. increase the supply of that good | |