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When the selling price of a good goes up, what is the relationship to the quantity supplied?
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When the selling price of a good goes up, what is the relationship to the quantity supplied?

User Jake Pearson
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4 votes
The profit made on each item goes down. It becomes practical to produce more goods. The cost of production goes down.
User Atin Singh
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7 votes

Answer:

it becomes practical to produce more goods

User Loxs
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