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There is an increase in the supply of a good
The law of supply states that an increase in the price of a good
a. decreases the demand for that good. b. decreases the quantity
1 answer
asked by
unknown 2.0
18 views
An increase in the demand for good A will increase the equilibrium quantity of good A and leave the equilibrium price unchanged
1 answer
90 views
If the demand for a good or service increases Howell prices affect supply
Raising prices for a crease supply Raising prices for
1 answer
180 views
Which of the following satisfy the law of supply? Select the two correct answers.(1 point)
Responses An increase in price is
1 answer
18 views
There is an increase in the supply of a good when there is __________.
An increase in the number of buyers An increase of
1 answer
asked by
Dontillia
14 views
There is an increase in the supply of a good when there is __________.
A decrease in the number of buyers. An increase in the
1 answer
asked by
Dontillia
13 views
suppose that demand increase by 10% and supply increase by 50%. what would you expect to occur in the market for the good?
1 answer
asked by
Laura
838 views
Which of the following satisfy the law of supply? Select the two correct answers.(1 point)
Responses An increase in price is
1 answer
asked by
SS
19 views
If the technology for producign a good improves and at the same time,the price of a substitute good falls, then the quantity
0 answers
asked by
Brittany
477 views
If supply of a good increases, the equilibrium price would __________ and the equilibrium quantity would __________, ceteris
1 answer
37 views