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According to the Law of Supply, if the price of a product goes up than ________. a. demand will go down. c. demand will go up. b. quantity supplied will go up. d. quantity supplied will go down.
According to the Law of Supply, if the price of a product goes up: b. quantity supplied will go up.
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Asked 11/11/2013 2:01:19 PM
Updated 11/11/2013 5:40:08 PM
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According to the Law of Supply, if the price of a product goes up: b. quantity supplied will go up.
Added 11/11/2013 5:40:08 PM
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This answer has been confirmed as correct, not copied, and helpful.
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Updated 233 days ago|12/4/2015 12:36:03 PM
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Production costs are determined not only by the prices of inputs, but also by technology.
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