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The Law of Supply States That Holding Everything Else Constant

Question 33

Multiple Choice

The law of supply states that holding everything else constant:


A) producers will be willing to sell more of a product at a lower price.
B) producers will be willing to sell more of a product at a higher price.
C) producers will be willing to sell more of a product when costs are low.
D) producers will be willing to sell more of a product that consumers want.

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