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What is the law of supply - SS2 Economics Laws of Demand And Supply Question

What is the law of supply?

A

As the price of a good or service increases, the quantity demanded of that good or service increases.

B

As the price of a good or service decreases, the quantity demanded of that good or service decreases.

C

As the price of a good or service increases, the quantity supplied of that good or service increases.

correct option: c
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