30. When prices rise, individuals and businesses devote more of their time or resources to producing or supplying because A. of the quest for profits. B. of the quest for higher prices. C. of their preferences. D. higher profits usually mean higher costs. 000
30. When prices rise, individuals and businesses devote more of their time or resources to producing or supplying because A. of the quest for profits. B. of the quest for higher prices. C. of their preferences. D. higher profits usually mean higher costs. 000
Chapter4: Supply And Demand: An Initial Look
Section: Chapter Questions
Problem 2DQ
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![30. When prices rise, individuals and businesses devote more of their time or resources to producing or supplying because
A. of the quest for profits.
B. of the quest for higher prices.
C. of their preferences.
D. higher profits usually mean higher costs.
000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F880cb418-fc7b-4d20-9241-c5cba21b176b%2Fd582ef3f-9972-4016-b38f-6454807e3135%2Fsj463po_processed.jpeg&w=3840&q=75)
Transcribed Image Text:30. When prices rise, individuals and businesses devote more of their time or resources to producing or supplying because
A. of the quest for profits.
B. of the quest for higher prices.
C. of their preferences.
D. higher profits usually mean higher costs.
000
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