Question
All things equal, when the price of a good rises, the quantity supplied of the good also rises, and when the price falls, the quantity
A. Is represented by a downward-sloping supply curve
B is referred to as the law of supply
C. Applies only to a few goods in the economy
D. All of the above are correct
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Get StartedRecommended Textbook for
Microeconomics
Authors: Michael Parkin
11th edition
133019942, 978-0133020250, 133020258, 978-0133019940
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