Q
Which of the following is consistent with the law of supply ?
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A
A. As the price of calculators rise, the quantity supplied of calculators decreases, ceteris paribus.
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B
B. As the price of calculators calls the supply of calculators increases, ceteris paribus.
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C
C. As the price of calculators rise, the quantity supplied of calculators increases, ceteris paribus.
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D
D. As the price of calculators rise, the supply of calculators increases ceteris paribus.
Correct Answer:
C. C. As the price of calculators rise, the quantity supplied of calculators increases, ceteris paribus.
