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Ireland
16 March, 22:56
Why does the quantity supplied
decrease as the selling price
decreases?
+2
Answers (
1
)
Johnathan
17 March, 02:54
0
Supply of goods and services
Explanation:
Price is what the producer receives for selling one unit of a good or service. An increase in price almost always leads to an increase in the quantity supplied of that good or service, while a decrease in price will decrease the quantity supplied.
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