Solved

The Price at Which Sellers Are Not Willing to Supply

Question 22

Multiple Choice

The price at which sellers are not willing to supply a good is $700 per unit.If the supply curve passes through the point (3,718) ,what is the equation of the supply curve?


A) P = 700 + 6QS
B) QS = 700 - 6P
C) P = 718 + 3QS
D) QS = 718 + 3P
E) QS = 718 - 6P

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions