Which One of the Following Statements Is FALSE

question 172

Multiple Choice

Which one of the following statements is FALSE?

• A)There is some price at or below which the quantity supplied of a product is zero.
• B)As product price increases,producers are willing to offer more of the good for sale.
• C)To entice producers to offer more of a product on the market for sale,product price must rise.
• D)There is an inverse (negative)relationship between product price and quantity supplied.

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Definitions:

Plate Boundaries

The edges where two or more tectonic plates meet, often associated with seismic and volcanic activities.

Plate Boundaries

The edges where two tectonic plates meet, characterized by significant geological activity such as earthquakes, volcanoes, and mountain building.

Red Triangle

The Red Triangle refers to a geographic area in the Pacific Ocean off the coast of Northern California, noted for a high number of great white shark attacks.

Plate Boundaries

The edges where two tectonic plates meet, characterized by seismic and volcanic activity due to plate interactions such as divergence, convergence, or transformation.