Multiple Choice
The supply curve illustrates that firms
A) increase the supply of a good when its price rises.
B) increase the quantity supplied of a good when its price rises.
C) decrease the quantity supplied of a good when input prices fall.
D) increase the quantity supplied of a good when input prices rise.
E) decrease the quantity supplied to earn higher profits.
Correct Answer:

Verified
Correct Answer:
Verified
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