Mary has just stated that normally as price rises supply, Ask an Expert

Economics

Mary has just stated that normally, as price rises, supply will increase. Her teacher grimaces. Why?

As price rises, supply will decrease.

As price rises, quantity demanded, not supplied, will increase.

As price rises, demand will decrease, supply does not increase.

As price rises, quantity supplied will increase.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91960095

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