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The Supply Curve Illustrates That Firms

Question 90

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.

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