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The "Law of Supply" States That, Other Things Remaining the Same

Question 156

Multiple Choice

The "law of supply" states that, other things remaining the same, firms produce


A) more of a good the less it costs to produce it.
B) less of a good the more it costs to produce it.
C) more of a good the higher its price.
D) less of a good as the required resources become scarcer.

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