Larger quantities of any good will be supplied at higher prices because
A) consumers will be more satisfied
B) higher prices attract resources from other uses
C) people are naturally lazy and have to be bribed to give up their leisure
D) price and quantity supplied are inversely related
E) of the law of decreasing opportunity cost
Correct Answer:
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Q98: Which of the following would not cause
Q99: Exhibit 4-2 Q100: Which of the following events is likely Q101: If the price of labor increases, employers Q102: A decrease in the price of peanuts Q104: Which of the following would shift the Q105: As the price of milk increases, producers Q106: An improvement in technology shifts the supply Q107: Which of the following explains the relationship Q108: Which of the following would most likely![]()
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