The supply curve slopes upward when graphed against , because of .
A) income; increasing marginal cost
B) the price of the good; decreasing marginal cost
C) the price of the good; increasing marginal cost
D) income; decreasing marginal cost
Correct Answer:
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Q160: Q161: If, as people's incomes increase, the demand Q162: Because of increasing marginal cost, most supply Q163: Ham and eggs are complements. If the Q164: The quantity supplied of a good is Q166: Each point on a supply curve represents Q167: Which of the following explains why supply Q168: Which of the following is NOT held Q169: The quantity supplied of a good or Q170: Demand is the
A)
A)
A) ability to pay for
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