Asked by
Life Of Daniela
on Oct 12, 2024
Verified
As price falls
A) supply rises.
B) supply falls.
C) quantity supplied rises.
D) quantity supplied falls.
Quantity Supplied
In economic terminology, it refers to the amount of a good or service that producers are willing and able to sell at a given price over a specific period of time.
Price
The price one must pay to obtain a good or service.
- Fathom the dissimilarity between a variation in quantity supplied and a transformation in supply levels.
Verified Answer
IR
Learning Objectives
- Fathom the dissimilarity between a variation in quantity supplied and a transformation in supply levels.