Multiple Choice
The law of supply states that other things being equal
A) supply creates its own demand.
B) supply will increase if productivity increases.
C) as price increases, quantity supplied increases.
D) supply will increase to meet demand if demand increases.
Correct Answer:
Verified
Correct Answer:
Verified
Q382: A significant increase in the price of
Q383: If the price of cotton used in
Q384: Suppose that today, consumers expect the price
Q385: Which of the following occurs when a
Q386: Equilibrium in a market occurs when<br>A) demand
Q388: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q389: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q390: According to the law of demand, a
Q391: Last year there were 6 pizza shops
Q392: If two goods, J and K, are