Answered: When producers are willing and able to…

When producers are willing and able to sell only less quantity of a good at the same price, the result is a in supply. O a. Increase O b. Contraction O c. Decrease O d. Extension

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter4: Demand, Supply, And Markets

Section: Chapter Questions

Problem 3.4P

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Clear my choice
When producers are willing and able to sell only less quantity
of a good at the same price, the result is a
in supply.
O a. Increase
O b. Contraction
O c. Decrease
O d. Extension

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