Question and answer
What happens to the supply curve when there is a decrease in production? a. Price will increase. c. Producers will produce more at each and every price. b. Price will
decrease. d. Consumers will increase purchases at each and every price.
A. Price will increase when there is a decrease in production.
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User: Which of these events would indicate a movement along a supply curve for batteries?

User: According to the law of supply, the higher the price, a. the more consumers are willing to pay. b. the larger the quantity produced. c. the smaller the quantity produced. d. the more the availability of a good is reduced.

User: What happens to the supply curve when there is a decrease in production? a. Price will increase. c. Producers will produce more at each and every price. b. Price will decrease. d. Consumers will increase purchases at each and every price.

Weegy: A. Price will increase when there is a decrease in production.
Expert answered|andrewpallarca|Points 23589|



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Asked 7/16/2013 2:15:48 PM
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