A supply curve is positively sloped because
...A supply curve is positively sloped because
Supply always exceeds demand
Demand always exceeds supply
Price is an incentive to consumers
Price is an incentive to producers
Correct answer is D
A supply curve is positively sloped because as the price of a commodity increase in the market, the amount supplied increases. Producers will be willing to supply more of their products as prices increase.
A deficit balance of payments is measured by subtracting the debits from the credits in the ...
An inflation that co-exists with high rate of unemployment is ...
The allocation of goods and services in a free market economy is performed by ...
The greater burden of the taxes on essential goods is borne by ...
An entirely domestic effort directed at improving agricultural production in Nigeria is the ...
Economic problems arises because ...
International trade is based on the law of ...
A country embarks on deficit financing in order to ...
54, 36, 62, 79, 83, 36, 62, 42, 62, and 42. What is the modal score? ...