The Supply Curve Is Upward Sloping Because of

question 9

Multiple Choice

The supply curve is upward sloping because of

• A) increasing marginal cost.
• B) decreasing marginal benefit.
• C) decreasing marginal cost.
• D) increasing marginal benefit.
• E) increasing total cost.

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Definitions:

Food Substances

Components or ingredients used in the making of food, which can range from basic natural products to artificially produced compounds.

Vitamins

Organic compounds that are essential in small amounts for the body to maintain health, usually obtained through diet.

Organic Substances

Compounds that contain carbon and are found in living organisms.

Essential

Necessary; when referring to blood pressure, indicates an elevation without apparent cause.