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The Y- Axis Intercept of the Supply Curve Is 40

Question 145

Multiple Choice

The y- axis intercept of the supply curve is 40 and the slope is 6.The equation of the supply curve is


A) P = 3 + 40QS.
B) P = 40 + 6QS.
C) P = 40 - 6QS.
D) QS = 40 + 6P.
E) QS = 40 - 6P.

Correct Answer:

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