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Phydeaux Phydeaux
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6 years ago
The market supply curve slopes upward to the right because higher prices
A) create incentives for increased quantity supplied.
B) are necessary to cover increasing marginal opportunity costs because inputs are not equally productive in all activities.
C) bring higher profits.
D) are necessary to cover increasing marginal opportunity costs because of diminishing marginal productivity.
E) do all of the above.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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6 years ago
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3 years ago
ty:)
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