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Study the table and examine the relation between price and quantity supplied: Price (₹) 10 Quantity supplied (kgs) 5, Price (₹) 12 Quantity supplied (kgs) 7, Price (₹) Quantity supplied (kgs) - Economics

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प्रश्न

Study the table and examine the relation between price and quantity supplied:

Price (₹) Quantity supplied (kgs)
10 5
12 7
14 9

विकल्प

  • Positive

  • Negative

  • Indirect

  • Proportional

MCQ
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उत्तर

Positive

Explanation:

According to the law of supply, there is a positive relationship between price and quantity supplied. When all other factors remain unchanged, an increase in the price of a commodity leads to an increase in its quantity supplied, and a decrease in price results in a decrease in quantity supplied.

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