Multiple Choice
The location of the supply curve of a product depends on:
A) the technology used to produce it.
B) the prices of resources used in its production.
C) the number of sellers in the market.
D) all of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q115: Tennis rackets and ballpoint pens are:<br>A) substitute
Q188: To realize "full production" a society must
Q189: Refer to the diagram, which shows three
Q190: Given a downward sloping demand curve and
Q191: If the supply of a product decreases
Q192: Which of the following strategies is being
Q194: The demand for commodity X is represented
Q196: If two goods are close substitutes:<br>A)consumers will
Q197: You are asked to determine, other things
Q198: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Which diagram above