Supply curve represents -------- relationship between quantity and price.

Related MCQs

• Supply curve represents -------- relationship between quantity and price
• The horizontal supply curve parallel to quantity axis represents
• If a positively sloped linear supply curve crosses the quantity axis, the elasticity of supply is:
• Elasticity of supply for a positively sloped straight line supply curve that intersects the price axis is:
• There is ------- relationship between price and quantity supplied
• If a positively sloped linear supply curve passes through the origin, the elasticity of supply is
• If the quantity demanded remains unchanged as the price of the commodity falls, the coefficient of price elasticity of demand is:
• If the supply curve of the commodity is having a positive slope, a rise in the price of the commodity, results in:
• Other things remaining the same, the quantity of a product demanded increases with ------------ in price.
• If a small change in price leads to infinitely large change in quantity demanded, then the demand is: