question archive As the market price of a service increases, more potential sellers will decide to perform that service because: a
As the market price of a service increases, more potential sellers will decide to perform that service because: a
Subject:EconomicsPrice:2.88 Bought3
As the market price of a service increases, more potential sellers will decide to perform that service because:
a. higher prices result in higher revenue.
b. more potential sellers will find that the market price exceeds their reservation price.
c. it's more prestigious to produce high-priced services.
d. higher prices lead to lower opportunity costs.
Option 1
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