English

What type of relationship between the price of a commodity and the quantity supplied is indicated by the law of supply? - Economics

Advertisements
Advertisements

Question

What type of relationship between the price of a commodity and the quantity supplied is indicated by the law of supply?

Options

  • Positive

  • Inverse

  • Constant relationship

  • None of these

MCQ
Advertisements

Solution

Positive

shaalaa.com
  Is there an error in this question or solution?
Chapter 5: Supply - Law of Supply and Price Elasticity of Supply - TEST YOURSELF QUESTIONS [Page 95]

APPEARS IN

Frank Economics [English] Class 12 ISC
Chapter 5 Supply - Law of Supply and Price Elasticity of Supply
TEST YOURSELF QUESTIONS | Q 2. | Page 95
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×