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Which of the following examples illustrates quantity supplied? Select the correct answer below: Firm A's costs of production decreased, so it wants to sell more
Which of the following examples illustrates quantity supplied? Select the correct answer below: Firm A's costs of production decreased, so it wants to sell more at any price. Technology improvement has made it cheaper to produce TV's so producers want to supply more. Firm B has to reduce production of watches and reinvest into producing jewelry which is more profitable. The price of houses has increased dramatically so more homeowners want to sell their house
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