Other things being equal, an increase in the price of a good leads to an increase in the amount produced. This is known as

A) the law of demand.
B) the law of supply.
C) ceteris paribus.
D) equilibrium.


B

Economics

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What will be an ideal response?

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Two variables that have a positive correlation move in the same direction

a. True b. False Indicate whether the statement is true or false

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