Question

According to the law of supply, the supply of a product will go up if:

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A. the product's cost increases.
B. the product's price decreases.
C. the product's price increases.
D. the product's cost decreases.

Answer 1

`\textsf{The supply of a product will go up (increase) }`
`\textsf{if the cost of manufacturing it decreases.}`
`\textsf{hence the correct choice will be : }`

`{ \quad\dashrightarrow \texttt { D.) The product's cost decreases }}`