According to the laws of supply and demand, what will happen to the supply of automobiles if automobile prices rise?
A.
The supply of automobiles will decrease because consumers will buy fewer of them at higher prices.
B.
The supply of automobiles will increase because consumers will buy fewer of them at higher prices.
C.
The supply of automobiles will decrease because consumers will buy more of them at higher prices.
D.
The supply of automobiles will increase because consumers will buy more of them at higher prices.
Answers: 3
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According to the laws of supply and demand, what will happen to the supply of automobiles if automob...
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