Asked by Solaris_Artist
What event would most likely cause an increase in sales?
(1 point)
Responses
decrease in price
decrease in price
increase in supply
increase in supply
decrease in product quality
decrease in product quality
increase in quantity produced
(1 point)
Responses
decrease in price
decrease in price
increase in supply
increase in supply
decrease in product quality
decrease in product quality
increase in quantity produced
Answers
Answered by
wasssupppp
What is stated by the law of supply?
(1 point)
Responses
An increase in price will cause a reduced amount of sales.
An increase in price will cause a reduced amount of sales.
An increase in quantity sold will allow a decrease in price.
An increase in quantity sold will allow a decrease in price.
An increase in quantity produced will decrease consumer demand.
An increase in quantity produced will decrease consumer demand.
An increase in price will inspire an increase in units supplied.
(1 point)
Responses
An increase in price will cause a reduced amount of sales.
An increase in price will cause a reduced amount of sales.
An increase in quantity sold will allow a decrease in price.
An increase in quantity sold will allow a decrease in price.
An increase in quantity produced will decrease consumer demand.
An increase in quantity produced will decrease consumer demand.
An increase in price will inspire an increase in units supplied.
Answered by
GPT 3.5
increase in quantity produced