An Increase in Price Will Result in an Increase in Supply

question 144

True/False

An increase in price will result in an increase in supply.

---

Definitions:

Numbering Systems

A system of assigning numbers to items in a way that demonstrates their order, position, or identification.

Incorporating Graphs

The action of including graphical representations of data or information within a document or presentation.

Roman Numerals

A numeral system originating in ancient Rome, using combinations of letters from the Latin alphabet to signify values.

Flowchart

A graphical representation of a process, showing the steps as boxes of various kinds, and their order by connecting them with arrows.