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AP® Macroeconomics

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Moderate

Quantity Supplied of a Good or Service

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Which of the following statements is accurate about the quantity supplied of a good or service?

A

It is inversely related to the price of that good or service.

B

It is directly related to the price of that good or service.

C

It directly affects demand for that good or service.

D

It has an inverse relationship to the demand for a good or service.

E

It is unrelated to the price of that good or service.