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:

Continuous Disorders

Mental health or medical conditions that do not have a clear start and end point, and are characterized by ongoing or fluctuating symptoms over time.

Comorbidity

The occurrence of two or more diseases or disorders in the same individual at the same time.

DSM-IV-TR Disorder

A mental or behavioral condition as classified in the Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, Text Revision.

Causality

The relationship between cause and effect, where one event is understood to be the direct result of another.