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What Is "Supply

Question 29

Multiple Choice

What is "supply"?


A) The idea that sellers will sell more of a product as the price increases
B) The price and quantity of a product at which the quantity demanded is equal to the quantity supplied
C) The idea that buyers will want less of a product as the price increases
D) The willingness and ability of producers to offer a good or service for sale
E) None of these

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