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Title: Which of the following examples best describes the Law of Supply? Post by: tuggy on May 22, 2017 Which of the following examples best describes the Law of Supply?
A) When the cost of production of cotton fell, the market price of cotton also fell. B) When the market price of pens increased, sellers started supplying more pens. C) When the market price of pens increased, sellers started supplying fewer pens. D) When the cost of production of cotton increased, all suppliers' willingness to accept decreased. Title: Re: Which of the following examples best describes the Law of Supply? Post by: Simpleman on May 22, 2017 Content hidden
Title: Re: Which of the following examples best describes the Law of Supply? Post by: tuggy on Jul 7, 2017 Thanks for providing the correct answer
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