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The Law of Supply States That Other Things Remaining the Same,a

Question 114

Multiple Choice

The law of supply states that other things remaining the same,a decrease in the price of a kayak leads to


A) a decrease in the supply of kayaks.
B) a decrease in the quantity of kayaks supplied.
C) an increase in the supply of kayaks.
D) an increase in the quantity of kayaks supplied.
E) an increase in the supply of kayaks and a decrease in the quantity of kayaks supplied.

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