Question

When the selling price of a good goes down, what is the relationship to the quantity supplied? A. There is no relationship between the two. B. Produce fewer goods because the profit made on each item goes down. C. The cost of production goes down. D. Produce more goods to earn more profit.

Answer 1

Answer:

C

Explanation:

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Answer 2

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The required relation will be :

• Produce more goods to earn more profit.