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When the Supply of a Product Rises, Ceteris Paribus, What

Question 69

Multiple Choice

When the supply of a product rises, ceteris paribus, what happens to firms' willingness-to-sell and to the amount of producer surplus?


A) They both decrease.
B) They both increase.
C) The willingness to produce rises and producer surplus falls.
D) The willingness to produce falls and producer surplus rises.

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