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If the price of a product rises and as a result businesses increase their production, then ______________. a). supply has increased. b). supply has decreased.

If the price of a product rises and as a result businesses increase their production, then ______________.


  1. a). supply has increased.
  2. b). supply has decreased.
  3. c). quantity supplied has increased.
  4. d). quantity supplied has decreased.
  5. e). both supply and quantity supplied have increased.

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