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According to the law of supply, producers will

Sublight2097

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Posts: 4132

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9 years ago

According to the law of supply, producers will

According to the law of supply, producers will
A) change their consumption plans when the price of a good changes.
B) change their supply when the price of a good changes.
C) change their production plans when the price of a good changes.
D) increase their quantity supplied when the price of a good decreases.
E) decrease their quantity supplied when the price of a good increases.

Textbook

The Economic Way of Thinking

The Economic Way of Thinking

Edition: 13^th

Authors: Heyne, Boettke, Prychitko

Read 156 times

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Dropx

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Sublight2097 Author

wrote...

#2

9 years ago

My mind was going in all different directions trying to figure this one out. Thanks so much.

Dropx

wrote...

#3

9 years ago

Happy to help, let me know if you have any more requests.

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