Why Does Quantity Supplied Increase When Price Increases

question 263

Multiple Choice

Why does quantity supplied increase when price increases?

• A)Producers find it more profitable to make the item.
• B)People "drop out" of the market, so buyers find it more abundant.
• C)As demand decreases with a high price, surpluses appear.
• D)All of the above.

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Definitions:

Intersender Role Conflict

A situation in which conflicting expectations arise from two or more roles within different departments or groups.

Extrasender Role Conflict

Conflict arising when individuals receive incompatible demands from external sources outside their immediate role or job.

Intrasender Role Conflict

A situation where an individual receives conflicting messages or expectations from the same source.

Intersender Role Conflict

A type of role conflict that occurs when a person receives contradictory or incompatible expectations from two or more individuals.