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

Related MCQs

• 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:
• The Price and quantity relationship for an inferior good is:
• Which of the following statements best describes the general form of a production function: (i) It is a purely technological relationship between quantities of input and quantities of output. (ii) It represents the technology of an organisation, sector of an economy. (iii) Prices of inputs or of the output do not enter into the production function. (iv) It is a flow concept describing the transformation of inputs into output per unitof time.
• An Indifference Curve to the right of another represents combinations which are:
• The slope of an indifference curve represents:
• When demand curve is rectangular hyperbola, the value of price elasticity of demand will be:
• The most important founder of German sociology, __________ , was keenly interested in maintaining the relationship between economics and sociology.
• Relation between price of a commodity and demand for another commodity is measured by:
• In the case of normal goods, the quantity demanded varies inversely with: