The law of supply states that other things remaining the same, a decrease in the price of a kayak Leads to
A) an increase in the supply of kayaks.
B) a decrease in the quantity of kayaks supplied.
C) an increase in the quantity of kayaks supplied.
D) a decrease in the supply of kayaks.
E) an increase in the supply of kayaks and a decrease in the quantity of kayaks supplied.
Correct Answer:
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