In the case of rare coins, supply curve will be

Related MCQs

• The AR curve and industry demand curve are identical
• The supply curve always slopes ___________
• The money supply affects the rate of interest; when the money supply increases, rate of interest will be decreased. It is explained by _____________
• If the proportionate change in the supply is equal to the proportionate change in price, it is said to be _______ supply.
• In the case of a perfectly competitive firm, the demand curve for product is
• When the price elasticity of demand is equal to one, the demand curve is
• Due to the operation of ‘Laws of return to Scale’ LAC curve is
• The total ___________ curve will be a horizontal line.
• The relationship between money supply and price level is
• When two or more different goods are produced together by a single firm, it is called as _________ supply.