Question

Which statement best illustrates the law of supply?

a Declining demand for automobiles leads automobile makers to increase production
b Declining automobiles prices leads automobile makers to reduce production
c Increasing labor productivity leads automobile makers to decrease production
d Increasing variable costs leads automobile makers to increase production

Answer 1

Companies passed on production and transportation costs to consumers.

Step-by-step explanation:

Answer 2

I would say the answer is A. Declining demand for automobiles leads automobile makers to increase production. I hope this helps!

Aye Sir!