Multiple Choice
Figure: Supply Curve 
Refer to the figure. A vertical reading of the figure indicates that:
A) at a price higher than $40, the quantity supplied drops to zero.
B) at prices of $40 or less, suppliers are willing to sell at least 500 units
C) at a price of $40 per unit, suppliers are willing and able to sell 500 units.
D) at a price lower than $40, the quantity supplied drops to zero.
Correct Answer:
Verified
Correct Answer:
Verified
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