Question
n the following table, which supply schedules obey the law of supply? Price Firm A's Quantity Supplied Firm B's Quantity Supplied Firm C's Quantity Supplied
n the following table, which supply schedules obey the law of supply?
Price | Firm A's Quantity Supplied | Firm B's Quantity Supplied | Firm C's Quantity Supplied | Firm D's Quantity Supplied |
$0 | 10 | 0 | 1 | 0 |
$2 | 8 | 4 | 4 | 5 |
$4 | 6 | 8 | 8 | 7 |
$6 | 4 | 9 | 9 | 12 |
$8 | 2 | 11 | 8 | 11 |
$10 | 0 | 15 | 4 | 16 |
| a. | Firm B's and Firm D's only | |
| b. | Firm B's, Firm C's, and Firm D's only | |
| c. | Firm A's and Firm C's only | |
| d. | Firm B's only |
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Principles Of Microeconomics
Authors: Robert Frank
7th Edition
1260111083, 9781260111088
