Which of the following is TRUE for the law of supply-09440
Which of the following is TRUE for the law of supply?
This multiple choice question (MCQ) is related to the book/course
vu eco404 Managerial Economics.
It can also be found in
vu eco404 Final Term - Quiz No.7.
Which of the following is TRUE for the law of supply?
There is inverse relationship between the price of a good and quantity demanded of that good
There is positive relationship between the price of a good and quantity demanded of that good
There is positive relationship between the price of a good and quantity supplied of that good
There is inverse relationship between income and quantity supplied of a good
