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:

Uncannily Familiar

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Morning People

individuals who have a natural preference for waking up early and are more alert and effective in the morning hours.

Evening People

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