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    Modern Principles Microeconomics
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    Exam 3: Supply and Demand
  5. Question
    The Law of Supply States That There Is a _____
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The Law of Supply States That There Is a _____

Question 114

Question 114

Multiple Choice

The law of supply states that there is a _____ relationship between price and quantity ______.


A) positive; demanded
B) positive; supplied
C) negative; demanded
D) negative; supplied

Correct Answer:

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