Solved

Why Does Supply Slope Up

Question 162

Multiple Choice

Why does supply slope up?


A) At higher prices, suppliers can profitably produce using more expensive techniques and inputs.
B) The cost of producing a given good is the same, no matter how many are produced.
C) Producers charge the maximum price that they can get.
D) If supply did not slope up, it would not intersect with demand.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions