Question

An increase in supply:
(a) Indicates that more is supplied at higher prices.
(b) Indicates that more is supplied at lower prices.
(c) Indicates that more is supplied at all prices.
(d) The demand curve will become more inelastic.

Answer 1

Elaborate your question

Answer 2

Answer:

b

Explanation:

when the supply is high mean that the demand is high which means the is more that is produced at a lower price