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If the price of flash memory cards increases, then there will be _____ of flash memory cards

Economics

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If the price of flash memory cards increases, then there will be _____ of flash memory cards.

a decrease in the supply

b. a decrease in the quantity supplied

c. an increase in the quantity supplied

d. an increase in the supply

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The correct answer is c. an increase in the quantity supplied

In a supply curve, an increase in the price of a good increase, the quantity supplied will increase as well. Sellers are taking advantage of higher prices to increase the production of goods in order to maximize profit.

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