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Q: 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.
A: When the selling price of a good goes up, it becomes practical to produce more goods.
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Original conversation
User: A firm will produce a level of output at which marginal revenue is equal to: a. average revenue. c. marginal cost. b. fixed costs plus variable costs. d. average cost.

User: 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.

Weegy: When the selling price of a good goes up, it becomes practical to produce more goods.
jeifunk|Points 9995|

User: the amount a supplier is willing and able to supply at a certain price

User: the change in output from hiring one additional unit of labor

User: Which of the following is an example of government influence on supply? a. law of supply c. marginal costs b. subsidies d. market supply curve

User: Which example best demonstrates the practice of the U.S. government providing subsidies to American industry? a. Offering a decrease in the excise tax for automakers who produce environmentally friendly cars. b. Deregulating the utilities and power companies. c. Encouraging farmers to switch to organic methods by supplying financial support. d. Allowing the telephone and communications companies to become privatized.

Weegy: A subsidies is a a sum of money granted to support an arts organization or other undertaking held to be in the public interest. So I would say the answer is A.
Danaablare|Points 35|

User: If a factor input is increased and all other factor inputs remain the same, what happens to the quantity supplied of this good at each and every price? a. it remains the same c. it increases b. it decreases d. none of the above

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Asked 7/17/2013 8:18:41 AM
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