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In Social Studies / High School | 2025-07-04

Which best describes what happens to the amount of a good or service that is supplied to consumers?
A. The amount of a good or service can change.
B. The amount of a good or service always remains the same.
C. The amount of a good cannot change.
D. The amount of a service cannot change.

Asked by saniyahduckett655

Answer (2)

The amount of a good or service supplied to consumers can change based on factors like market demand, production costs, and regulations. It is a dynamic concept in economics. Hence, the best answer is that the amount of a good or service can change.
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Answered by Anonymous | 2025-07-04

The amount of a good or service supplied to consumers is not static and can change based on various factors like market demand, production costs, and regulations. This dynamic nature is a central idea in economics. Thus, the correct statement is that the amount of a good or service can change. ;

Answered by GinnyAnswer | 2025-07-04

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