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प्रश्न
The Law of Supply states that other things being constant ______.
विकल्प
when the quantity supplied rises, price falls.
when the price falls, quantity supplied rises.
when the quantity supplied rises, price rises.
when the price falls, quantity supplied falls.
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उत्तर
The Law of Supply states that other things being constant when the price falls, quantity supplied falls.
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संबंधित प्रश्न
State and explain the law of supply with exceptions.
What are the reasons for upward sloping supply curve?
State and explain the elasticity of supply.
Elucidate the Laws of Returns to Scale. Illustrate.
Other things remaining unchanged, change in supply due to increase in price is called ______.
Explain the law of supply.
With the help of a diagram state whether supply of a good is directly or inversely related to price?
Which statement best expresses the Law of Supply?
What is the relationship between price and quantity supplied described by the Law of Supply?
Which factor is assumed to remain unchanged under the Law of Supply?
