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6 Oct 2020
With an upward sloping supply curve which of the following is true?
a. an increase in price results in a decrease in quantity demanded
b. an increase in price results in an increase in supply
c. decrease in price results in a decrease in quantity supplied
d. decrease in price results in an increase in supply
With an upward sloping supply curve which of the following is true?
a. an increase in price results in a decrease in quantity demanded
b. an increase in price results in an increase in supply
c. decrease in price results in a decrease in quantity supplied
d. decrease in price results in an increase in supply
Kristelle BalandoLv10
5 Nov 2020