The law of supply states that an increase in the price of a good: – McqOptions

MCQOPTIONS

1.	The law of supply states that an increase in the price of a good:
A.	none of these answers.
B.	increases the quantity supplied of that good.
C.	decreases the demand for that good.
D.	decreases the quantity demanded for that good.
Answer» C. decreases the demand for that good.

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