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Social Studies, 30.01.2020 00:48 hello4540

1. the law of supply states that as the price of a good declines, the quantity supplied of that good

remains the same.
decreases.
increases.
disappears

2. the graph shows a point of equilibrium.

2. what is the price at which equilibrium is achieved?

$8
$9
$10
$30

3. what is one cause of scarcity?

an abundance of resources
limited resources
renewable resources
a choice of resources


1. the law of supply states that as the price of a good declines, the quantity supplied of that good

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