Quantity Supplied Increases When the Price of a Good Increases

question 281

Multiple Choice

Quantity supplied increases when the price of a good increases because

• A)producers find it more profitable to make the item.
• B)potential buyers "drop out" of the market, so the good becomes more abundant.
• C)as demand decreases with a high price, surpluses appear.
• D)All of these responses are correct.

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Definitions:

Forgiveness

"An internal process of healing within the victim, whereby she or he is able to disconnect from self-destructive defenses and reactions, such as anger and guilt, brought to bear interpsychically in reaction to a traumatic event so as to move on toward a healthy lifestyle."

Victim

An individual who suffers harm, loss, or adversity, often due to an accident, crime, or other unfortunate event.

Holocaust Survivors

Individuals who managed to survive the Holocaust, the genocide of six million Jews and others by the Nazis during World War II.

Nazis

Members of the National Socialist German Workers' Party, a political group led by Adolf Hitler that ruled Germany from 1933 to 1945 and committed numerous atrocities during World War II.