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The Positive Slope of a Supply Curve Indicates That

Question 41

Multiple Choice

The positive slope of a supply curve indicates that


A) as price goes up, quantity supplied will increase.
B) as price goes up, quantity supplied will remain constant.
C) as price goes up, quantity supplied will decrease.
D) consumers will want to buy less at higher prices.
E) if the costs of production increase, the quantity supplied will increase.

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