Which of the following would cause a decrease in the quantity supplied of a good

Name: Which of the following would cause a decrease in the quantity supplied of a good
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A decrease in the price of the good would cause a decrease in the quantity supplied because suppliers are less willing to supply the same amount at a lower price. This is based on the law of supply, which states that there is a direct relationship between price and quantity supplied, all else being equal.

Which of the Following Would Cause a Decrease in the Quantity