10
QuizMultiple Choice

Economic Growth

Question 10 • MNPS Economics FTC 25-26

The law of supply demonstrates the behaviors of producers when they

Answer
A
change their company’s name.
B
decide to hire fewer workers.
C
supply goods to consumers.
D
launch a new marketing campaign.

Explanation

The law of supply describes how producers change the quantity of a good they offer for sale when its price changes. It concerns decisions about supplying goods to consumers, not company names, staffing choices by themselves, or marketing campaigns. Therefore, the correct choice is supply goods to consumers.

AI-written and checked against the verified answer.

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