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8 October, 05:51

Why does the quantity supplied

decrease as the selling price

decreases?

+1
Answers (1)
  1. 8 October, 08:44
    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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