If the supply curve of the commodity is having a positive slope, a rise in the price of the commodity, results in: | Faculties

M

Mr. Dubey

🎓 Coach ⭐ 104.82K Points

📊 Basics of Economics

Q. If the supply curve of the commodity is having a positive slope, a rise in the price of the commodity, results in:

(A) increase in supply
(B) increase in quantity supplied
(C) decrease in supply
(D) decrease in quantity supplied

💬 Discuss

✅ Correct Answer: (B) increase in quantity supplied

You must be Logged in to update hint/solution

💬 Discussion

📊 Question Analytics

👁️

139

Total Visits

📽️

3 y ago

Published

🎖️

Mr. Dubey

Publisher

📈

92%

Success Rate