Which of the Following Is NOT a Reason Why Supply

question 194

Multiple Choice

Which of the following is NOT a reason why supply curves generally slope upward?  

• A) because producers are willing to offer more of a good at higher prices 
• B) because a higher price attracts resources from less-valued uses 
• C) because producers must be compensated for the rising opportunity cost of additional output 
• D) because the price of a good usually must fall to induce an increase in quantity supplied

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