Which of the following illustrates the law of supply? O A. An increase in the number...
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Which of the following illustrates the law of supply? O A. An increase in the number of firms in an industry causes a shift of the supply curve. O B. An increase in price causes an increase in the quantity supplied, and a decrease in price causes a decrease in the quantity supplied. OC. A change in price causes a shift of the supply curve. O D. All of the above illustrate the law of supply. Which of the following illustrates the law of supply? O A. An increase in the number of firms in an industry causes a shift of the supply curve. O B. An increase in price causes an increase in the quantity supplied, and a decrease in price causes a decrease in the quantity supplied. OC. A change in price causes a shift of the supply curve. O D. All of the above illustrate the law of supply.
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