Which of the Following Demonstrates the Law of Supply

question 218

Multiple Choice

Which of the following demonstrates the law of supply?

• A)When leather became more expensive, belt producers decreased their supply of belts.
• B)When car production technology improved, car producers increased their supply of cars.
• C)When sweater producers expected sweater prices to rise in the near future, they decreased their current supply of sweaters.
• D)When ketchup prices rose, ketchup sellers increased their quantity supplied of ketchup.

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