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Complete the following statement: When the supply curve is upward sloping, its slope is _______. - Economics

MCQ

Complete the following statement:

When the supply curve is upward sloping, its slope is _______.

Options

  • positive

  • negative

  • first positive then negative

  • zero

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Solution

When the supply curve is upward sloping, its slope is positive.

Concept: Supply Analysis
  Is there an error in this question or solution?
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APPEARS IN

Balbharati Economics 12th Standard HSC Maharashtra State Board
Chapter 4 Supply Analysis
Exercise | Q 1. (1) | Page 44
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