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Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800 Exercise 5
If the price of a product rises and as a result businesses increase their production, then____________
A) supply has increased
B) supply has decreased
C) quantity supplied has increased
D) quantity supplied has decreased
E) both supply and quantity supplied have increased
A) supply has increased
B) supply has decreased
C) quantity supplied has increased
D) quantity supplied has decreased
E) both supply and quantity supplied have increased
Explanation
Verified
Verified
When price of a product increases and th...
Economics 11th Edition by Stephen Slavin
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