The market supply curve slopes upward from left to right ...
The market supply curve slopes upward from left to right indicating that?
Producers pay high taxes
Two commodities can be supplied at the same time
At a lower price, less is supplied
At a lower price, more is supplied and demanded
Correct answer is C
In most cases, the supply curve is drawn as a slope rising upward from left to right, since product price and quantity supplied are directly related (i.e., as the price of a commodity increases in the market, the amount supplied increases, and at a lower price, supply decreases).
The output at which total revenue equals total cost is known as ...
Which function of the wholesaler enables him to stabilize prices? ...
The shaded triangle in the diagram above is known as ...
Economy problems arises mainly as a result of ...
The most reliable and acceptable index of economic growth is the__________ ...
Indicate which of the following are invisible trade items in a country’s balance of payments? ...
Points outside the production possibility curves shows ...
If the demand for one commodity excludes another, it is said to be ...
The leftward shift in the supply curve for a commodity indicates_________ ...