Why are supply curves typically upward-sloping? SELECT THE CORRECT ANSWER a.They slope upward because sellers prefer to sell more when prices are lower. b.They slope upward because higher prices lead...


Why are supply curves typically upward-sloping?





SELECT THE CORRECT ANSWER

a.They slope upward because sellers prefer to sell more when prices are lower.



b.They slope upward because higher prices lead individual businesses to supply a larger quantity and more businesses are willing to supply goods and services.



c.They slope upward due to the law of demand.



d.They slope upward because sellers demand more when prices are lower.




Jun 08, 2022
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