Multiple Choice
The price at which sellers are not willing to supply a good is $70 a unit.As the quantity supplied of the good increases by one unit,the minimum price at which someone is willing to sell that unit increased by $5.What is the equation of this supply curve?
A) P = 70 - 5QS
B) QS = 70 - 5P
C) P = 5 + 70QS
D) QS = 5 + 70P
E) P = 70 + 5QS
Correct Answer:

Verified
Correct Answer:
Verified
Q110: Use the information below to answer the
Q111: Use the figure below to answer the
Q112: When the price of good A rises,the
Q113: The demand curve is P = 800
Q114: Use the table below to answer the
Q116: Use the information below to answer the
Q117: Some sales managers are talking shop.Which one
Q118: The y- axis intercept of the demand
Q119: Use the table below to answer the
Q120: Use the table below to answer the