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The Underlying Reason for the Upward Sloping Nature of the Supply

Question 9

Multiple Choice

The underlying reason for the upward sloping nature of the supply curve is that


A) the production of most goods comes with increasing marginal benefits.
B) the production of most goods comes with increasing marginal costs.
C) the consumption of most goods comes with decreasing marginal utility.
D) the consumption of most goods comes with increasing marginal utility.

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