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Author Question: The relationship between quantity supplied and price is usually A) an inverse relationship. B) a ... (Read 94 times)

fnuegbu

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on: Jun 29, 2018
The relationship between quantity supplied and price is usually
 
  A) an inverse relationship.
  B) a direct relationship.
  C) a negative relationship.
  D) impossible to determine.

Question 2

The discovery of new natural resources will cause
 
  A) the economy to move closer to the production possibilities curve.
  B) the production possibilities curve to shift up and to the right.
  C) an upward movement along the curve.
  D) the curve to shift back and to the left.


lindahyatt42

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  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


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