Can you please answer the questions below without explanation. Thank you in advance. 7) Reasons for supply curves being positively sloped include: A) typically, as output rises, unit costs rise, so...

Can you please answer the questions below without explanation. Thank you in advance.

7) Reasons for supply curves being positively sloped include:

1. A) typically, as output rises, unit costs rise, so price must also rise.


2. B) firms always want to raise prices to boost profits.


3. C) the higher the demand for a good the more firms can charge.


4. D) all of the above.

8) If the cost of producing Good A falls, this will cause

1. A) an increase in the market price of Good A. B) a shift in the demand for Good A.


2. C) a shift in the supply of Good A. D) none of the above