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Answered

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Which situation best illustrates an effect of the law of supply?
A. A car company sells a lot more cars after it lowers its prices.
B. A theater sells more tickets when income rise across a country.
C. A store stocks more phones when it learns that their selling price has gone up.
D. A restaurant increases the number of items on the menu to attract customers.​

Sagot :

Law of supply is the direct relationship between quantity and price. So when prices increase the quantity will increase, this is best demonstrated by C.