Question and answer
Which of the following is the best example of the law of supply? a. A sandwich shop increases the number of sandwiches they supply every day when the price is increased. b. A food producer
increases the number of acres of wheat he grows to supply a milling company. c. A catering company buys a new dishwasher to make their work easier. d. A milling company builds a new factory to process flour to export.
A. A sandwich shop increases the number of sandwiches they supply every day when the price is increased.
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User: Which of the following is the best example of the law of supply? a. A sandwich shop increases the number of sandwiches they supply every day when the price is increased. b. A food producer increases the number of acres of wheat he grows to supply a milling company. c. A catering company buys a new dishwasher to make their work easier. d. A milling company builds a new factory to process flour to export.

Weegy: A. A sandwich shop increases the number of sandwiches they supply every day when the price is increased.
OxTornado007|Points 6899|

User: In response to an increase in the product’s price, producers of MP3 players have increased the quantity supplied. This is an example of

Weegy: In response to an increase in the product s price, producers of MP3 players have increased the quantity supplied. This is an example of: elastic supply.
alfred123|Points 4568|

User: The market price of a slice of pizza has risen from $1.50 to $2.00. Based on the Market Supply Curve in Figure 5.4,the average pizzeria would respond by _________. a. making 50 fewer slices a day. c. making 500 fewer slices a day. b. making 50 more slices a day. d. making 500 more slices a day.

Weegy: The market price of a slice of pizza has risen from $1.50 to $2, based on figure 5.4 the average pizzeria will respond by... ...making 50 more slices a day
Expert answered|selymi|Points 11782|

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Asked 11/6/2013 10:18:45 AM
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Questions asked by the same visitor
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.
Question
Updated 138 days ago|1/5/2015 3:57:58 PM
1 Answer/Comment
According to the law of supply, the higher the price, the larger the quantity produced.
Added 138 days ago|1/5/2015 3:57:58 PM
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