Author Question: According to the law of supply A) people buy more of a good when the price increases. B) people ... (Read 34 times)

Alainaaa8 · **on:** Jun 29, 2018

According to the law of supply

A) people buy more of a good when the price increases.
B) people buy less of a good when the price decreases.
C) producers provide more of a good when the price decreases.
D) producers provide less of a good when the price decreases.

Question 2

In the above figure, the production of 75 ukuleles and 75 guitars is

A) efficient production.
B) inefficient production.
C) impossible production.
D) full employment production.