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Natasha_Volkova [10]
3 years ago
11

Because supply curves slope upward, this supports the law of supply that as prices __________, more goods will be supplied.

Business
1 answer:
antoniya [11.8K]3 years ago
3 0

Answer: increase

Explanation:

The supply curves slope upward due to the fact that there's a direct relationship between the price of the good and the quantity that's supplied.

This means that when price increase let's say the price of a good moves from $5 to $7, the suppliers will supply more due to the price increase.

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3 years ago
If the present value of $280 paid one year from now is $250 what is the one-year discount factor?
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12%

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2 years ago
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Which three factors decrease because of protectionism?
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competition, goodwill with trade partners, and importation of goods

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