The law of supply says that A. The quantity supplied of a product rises when the prices of the product rises B. The quantity supplied of a product rises when prices of the product fall. C. The quantity demanded of a product rises when the prices of the product rise. D. The quantity demanded of a product falls when the prices of the product falls.

The law of supply says that A. The quantity supplied of a product rises when the prices of the product rises B. The quantity supplied of a product rises when prices of the product fall. C. The quantity demanded of a product rises when the prices of the product rise. D. The quantity demanded of a product falls when the prices of the product falls.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter4: The Market Forces Of Supply And Demand

Section: Chapter Questions

Problem 2CQQ

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