Advertisements
Advertisements
Question
The relationship between the price of a commodity and the supply of commodity is
Options
Negative
Positive
Zero
Increase
Solution
Positive
APPEARS IN
RELATED QUESTIONS
State the law of supply.
State and explain the law of supply with exceptions.
What are the factors governing the elasticity of supply?
What are the functions of Entrepreneur?
State and explain the elasticity of supply.
Examine the Law of Variable Proportions with the help of a diagram.
Elucidate the Laws of Returns to Scale. Illustrate.
A rightward shift in supply curve shows ______.
Other things remaining unchanged, change in supply due to increase in price is called ______.
Law of supply states that ______.
Assertion (A): Law of Supply is a qualitative statement.
Reason (R): Law of Supply indicates the magnitude of change in the quantity supplied.
The producers prefer to supply more when prices are ______.
Explain the law of supply.
State and explain the law of supply with the help of a diagram.
What does the Law of Supply state?
