(01.04 mc) use the graph to answer the question that follows. what happens to the total quantity supplied…

(01.04 mc) use the graph to answer the question that follows. what happens to the total quantity supplied when the price of the product drops below $100? it will be more than 100 units. it will be less than 100 units. it will be exactly 100 units. it will be exactly 0 units.

(01.04 mc) use the graph to answer the question that follows. what happens to the total quantity supplied when the price of the product drops below $100? it will be more than 100 units. it will be less than 100 units. it will be exactly 100 units. it will be exactly 0 units.

Answer

Brief Explanations:

In a typical supply - curve relationship, quantity supplied is positively related to price. When the price drops from $100 (where quantity supplied is 100 units as shown on the graph), according to the law of supply, the quantity supplied will decrease.

Answer:

It will be less than 100 units.