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What is stated by the law of supply? A. An increase in price will cause a reduced amount of sales. B. An increase in quantity s...Question
What is stated by the law of supply?
A. An increase in price will cause a reduced amount of sales.
B. An increase in quantity sold will allow a decrease in price.
C. An increase in quantity produced will decrease consumer demand.
D. An increase in price will inspire an increase in units supplied.
A. An increase in price will cause a reduced amount of sales.
B. An increase in quantity sold will allow a decrease in price.
C. An increase in quantity produced will decrease consumer demand.
D. An increase in price will inspire an increase in units supplied.
Answers
GPT 3.5
D. An increase in price will inspire an increase in units supplied.