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Which of the following satisfy the law of supply? Select the two correct answers.(1 point)

1. A decrease in price is followed by a decrease in supply.

2. A increase in price is followed by a decrease in quantity supplied.

3. A decrease in price is followed by a decrease in quantity supplied.

4. An increase in price is followed by an increase in quantity supplied.

5. An increase in price is followed by an increase in supply.

Relax

Respuesta :

Answer:

-An increase in price is followed by an increase in quantity supplied.

-A decrease in price is followed by a decrease in quantity supplied.

Unstoppable100

Answer:

3: A decrease in price is followed by a decrease in quantity supplied.

4: An increase in price is followed by an increase in quantity supplied.

Hope this helps!

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