If the supply curve is positively sloped, a rise in the price of a commodity leads to
a) an increase in quantity demanded
b) a decrease in supply
c) an increase in quantity supplied
d) none of the above.
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If the supply curve is positively sloped, a rise in the price of a commodity leads to an increase in demand, a decrease in suppply, an increase in the quantity supplied, a decrease in the quantity demanded.
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