Which of the following statements correctly describes how an event will impact supply or quantity
supplied?
Choose 1 answer:
А
A price increase causes an increase in supply.
B
A decrease in resource costs causes an increase in the supply curve
An increase in costs of production causes the supply curve to increase.
A price decrease increases quantity supplied.
An increase in demand causes an increase in supply.
Answers
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1
Answer:
Option b I think it is correct
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