The market supply curve slopes upwards from left to right indicating that
ECONOMICS
WAEC 2003
The market supply curve slopes upwards from left to right indicating that
- A. at a lower price more is supplied
- B. two commodities can be supplied at the same time
- C. at a lower price, less is supplied
- D. producers pay high taxes
Correct Answer: C. at a lower price, less is supplied
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