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The Law of Supply Illustrates That

Question 67

Multiple Choice
The law of supply illustrates that

The law of supply illustrates that


A) as price increases, quantity supplied decreases.
B) demand must increase to cause an increase in quantity supplied.
C) a change in price causes a change in supply.
D) price and quantity supplied move in the same direction.
E) price changes are always in the same direction as supply changes.

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