Multiple Choice
The World View article on the rise in gold prices indicates that
A) The quantity supplied falls when the price of gold rises.
B) The law of supply is true: as the price of gold rises,miners around the world search for new deposits of gold.
C) The law of supply is true because as the price of gold rises,the quantity supplied of gold actually falls.
Correct Answer:
Verified
Correct Answer:
Verified
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