For a supply curve, an increase in the price of a commodity will result in?

Economics JAMB 2001

For a supply curve, an increase in the price of a commodity will result in?

  • a decrease in supply
  • a decrease in the quantity supplied
  • an increase in supply
  • an increase in the quantity supplied checkmark

The correct answer is: D

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment