Why Is the Market Supply Curve Positively Sloped

question 159

Multiple Choice

Why is the market supply curve positively sloped?

• A) At a higher price, more firms enter the market willing to sell the product or service.
• B) At a higher price, fewer firms enter the market willing to sell the product or service.
• C) At a higher price, the firms already in the market and are willing to sell a larger quantity of the product or service.
• D) Both A and C are correct.

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