Economics · Microeconomics
Other things remaining constant, the market supply for a good increases if: 1. its price increases. 2. price of its factors of production decreases. 3. price of other goods decreases. Select the correct answer using the code given below:
- 11, 2 and 3
- 22 and 3 only✓
- 31 and 3 only
- 41 and 2 only
Correct answer
2 and 3 only
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