3 years ago

When any effort by government causes the supply of a good to rise, what happens to the supply curve for that good?

1 answer:

8 0

The correct answer is letter B

Explanation: If the producer expects the price of the product to increase in the future, he tends to offer less today to make a greater profit in the future. The supply curve is positively sloped, because when the price of the good increases, the quantity offered also increases.

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