The market supply curve slopes upward from left to right indicating that?

ECONOMICS
WAEC 2015

The market supply curve slopes upward from left to right indicating that?

  • A. producers pay high taxes
  • B. two commodities can be supplied at the same time
  • C. at a lower price, less is supplied
  • D. at a lower price, more is supplied and demanded

Correct Answer: C. at a lower price, less is supplied



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