Question

The law of supply indicates that, other things equal
A) sellers will offer more of a product at low prices than at high prices.
B) buyers will purchase less of a good at high prices than at low prices.
C) Sellers will offer more of a product at high prices than at low prices.
D) the product supply curve is downward sloping.

Answer 1

❀ $\large{ \underline\textbf{Question - }}$

The law of supply indicates that, other things equal
A) sellers will offer more of a product at low prices than at high prices.
B) buyers will purchase less of a good at high prices than at low prices.
C) Sellers will offer more of a product at high prices than at low prices.
D) the product supply curve is downward sloping.

❀ $\large{ \underline\textbf{Answer - }}$

C) Sellers will offer more of a product at high prices than at low prices.

❀ $\large{ \underline\textbf{Reason - }}$

The law of supply indicates that, other things equal sellers will offer more of a product at high prices than at low prices.

All sellers are some how now have to make a bill of concluding GST.

GST is a system now used instead of sales and goods service tax.

Answer 2

Hello mate


here's your answer

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Option C✔✔

Sellers will offer more of a product a high prices than of low price.

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Hope it helps you