Card 59 / 104: The Law of Supply says that
A)
a lower price will tend to lead a consumer to buy either the same or a greater amount of the good or service.
B)
consumers want to buy more units of something than producers want to sell at a particular price.
C)
as the market price of a good or service rises, producers tend to offer the same or a greater number of units.
D)
producers are trying to sell more units of a good or a service than consumers want to purchase at a particular price.
Answer:
C) as the market price of a good or service rises, producers tend to offer the same or a greater number of units.
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