Multiple Choice
The ʺlaw of supplyʺ states that, other things remaining the same, firms produce
A) less of a good as the required resources become scarcer.
B) more of a good the less it costs to produce it.
C) less of a good the more it costs to produce it.
D) more of a good the higher its price.
Correct Answer:

Verified
Correct Answer:
Verified
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