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02-12-2021
Social Studies

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The Economic Law of Supply is when

A. prices increase and producers make less of a product
B. prices rise and producers make more of a product
C. prices stay the same and producers make more of a product
D. prices decrease and producers make more of a product

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02-12-2021

Answer:

A

Explanation:

When prices go up, producers produce less because they have to spend more money to buy the supplies to make the product and no producer likes to spend money

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