There is an increase in the supply of a good

  1. The law of supply states that an increase in the price of a gooda. decreases the demand for that good. b. decreases the quantity
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    2. unknown 2.0 asked by unknown 2.0
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  2. An increase in the demand for good A will increase the equilibrium quantity of good A and leave the equilibrium price unchanged
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  3. If the demand for a good or service increases Howell prices affect supplyRaising prices for a crease supply Raising prices for
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  4. Which of the following satisfy the law of supply? Select the two correct answers.(1 point)Responses An increase in price is
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  5. There is an increase in the supply of a good when there is __________.An increase in the number of buyers An increase of
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  6. There is an increase in the supply of a good when there is __________.A decrease in the number of buyers. An increase in the
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  7. suppose that demand increase by 10% and supply increase by 50%. what would you expect to occur in the market for the good?
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  8. Which of the following satisfy the law of supply? Select the two correct answers.(1 point)Responses An increase in price is
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  9. If the technology for producign a good improves and at the same time,the price of a substitute good falls, then the quantity
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  10. If supply of a good increases, the equilibrium price would __________ and the equilibrium quantity would __________, ceteris
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