Multiple Choice
Supply curves generally slope upward because of all of the following reasons except one.Which is the exception?
A) Producers are willing to offer more of a good at higher prices.
B) A higher price attracts resources from less-valued uses.
C) Producers must be compensated for the rising opportunity cost of additional output.
D) Producers have a greater incentive to sell more as the price increases.
E) The price of a good usually must fall to induce an increase in quantity supplied.
Correct Answer:

Verified
Correct Answer:
Verified
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