Answers MA-US History II CR The Law of Supply and DemandQuestion 2

2

QuizMultiple Choice

The Law of Supply and Demand

Question 2 • MA-US History II CR

Which statement best explains the law of supply?

Answer

A

The quantity supplied by producers increases as prices rise and decreases as prices fall.

B

The quantity supplied by producers decreases as prices rise and increases as prices fall.

C

The quantity supplied by consumers increases as prices rise and decreases as prices fall.

D

The quantity supplied by consumers decreases as prices rise and increases as prices fall.

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