Business, 14.02.2020 05:57 mimithurmond03

Which of the following is an example of the law of supply?1. The price of gum has increased so producers are making more gum. 2. Producers provide less of a good when the price increases. 3. The amount of a good purchased increases when the price decreases. 4. The price of labor has increased and producers decrease supply.

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Which of the following is an example of the law of supply?1. The price of gum has increased so produ...