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प्रश्न
The Law of Supply states that other things being constant ______.
पर्याय
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 with reason whether you agree or disagree with the following statement:
There is a direct relationship between price and quantity supplied.
What are the factors governing the elasticity of supply?
State and explain the elasticity of supply.
Elucidate the Laws of Returns to Scale. Illustrate.
Law of supply states that ______.
Price and Supply move in the same direction. Justify the statement.
With the help of a diagram state whether supply of a good is directly or inversely related to price?
State and explain the law of supply with the help of a diagram.
What is the relationship between price and quantity supplied described by the Law of Supply?
Which of the following is an exception to the Law of Supply?
