The law of supply indicates that:

A. producers will offer more of a product at low prices than they will at high prices.
B. consumers will purchase less of a good at high prices than they will at low prices.
C. the product supply curve is downsloping.
D. producers will offer more of a product at high prices than they will at low prices.

Answer: D

Economics

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Which of these variables remains exogenous throughout Chapter 3?

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