Solved

The Law of Supply States That ________

Question 63

Multiple Choice

The Law of Supply states that ________.


A) supply creates its own demand
B) the quantity supplied of a good rises when the price rises, all other things remaining constant
C) at the equilibrium price, there is always some excess supply in the market
D) the quantity supplied of a good will always equal the quantity of the good demanded

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents