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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. Please select the best answer from the choices provided
According to the law of supply, the higher the price, the larger the quantity produced.
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Asked 9/25/2012 6:36:37 AM
Updated 2/21/2015 10:30:53 AM
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According to the law of supply, the higher the price, the larger the quantity produced.

Added 2/21/2015 10:30:53 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [2/21/2015 10:59:58 AM]
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A nonbank financial intermediary that primarily makes loans to construction companies for building homes is the Real estate investment trust.
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All of the following are basic sectors of the United States economy EXCEPT: the income sector.
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