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When the selling price of a good goes up, what is the relationship to the quantity supplied? a. The cost of production goes down. b. The profit made on each item goes down. c. It
becomes practical to produce more goods. d. There is no relationship between the two.
When the selling price of a good goes up, what is the relationship to the quantity supplied? c. It becomes practical to produce more goods.
Expert answered|alfred123|Points 5361|
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Asked 12/29/2013 9:06:19 AM
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Questions asked by the same visitor
the amount a supplier is willing and able to supply at a certain price is called?
Weegy: The amount a supplier is willing and able to supply at ... is willing and able to supply at a certain price. ... [ services that consumer is willing to buy called? ] (More)
Question
Updated 12/14/2014 12:08:55 PM
1 Answer/Comment
Quantity supplied is the amount a supplier is willing and able to supply at a certain price.

Added 12/14/2014 12:08:55 PM
This answer has been added to the Weegy Knowledgebase
A change in the overall quantity supplied can occur because of changes in all of the following areas EXCEPT: a. capacity and technology c. prices of substitutes and complements b. cost structure d. past prices
Weegy: A change in the overall quantity supplied can occur because of changes in all of the following areas EXCEPT: d. past prices (More)
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Expert Answered
Updated 1/8/2014 7:27:31 AM
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Which word can be used twice to BEST complete this sentence? When supply ____, prices fall, and quantity demanded ____ to reach a new equilibrium. a. increases c. levels b. decreases d. reverses
Question
Not Answered
Updated 4 days ago|12/3/2016 2:16:40 AM
1 Answer/Comment
When supply increases, prices fall, and quantity demanded increases to reach a new equilibrium.
Added 4 days ago|12/3/2016 2:16:40 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [12/5/2016 8:30:52 AM]
Imperfect markets have higher prices than perfect markets. true/false
Weegy: FALSE. Improve answer. ... true. What is gross national product at market price? ... [ Do imperfect markets have higher prices than perfect markets? yes. ] (More)
Question
Updated 1/23/2014 6:15:41 AM
1 Answer/Comment
TRUE. Imperfect markets have higher prices than perfect markets.
Added 1/23/2014 6:15:41 AM
This answer has been confirmed as correct, not copied, and helpful.
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