Which One of the Following Statements Concerning the Supply Curve

question 7

Multiple Choice

Which one of the following statements concerning the supply curve is correct?

• A) A supply curve shows the relationship between different prices and the amount of goods that sellers will offer for sale at those prices, regardless of demand
• B) As price rises, the quantity that sellers are willing to supply decreases
• C) At lower prices, the quantity that sellers are willing to supply increases
• D) A change in the cost of availability of any inputs will have no discernible impact on the supply curve

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