Question 0

A vertical supply curve indicates that?

  • A.the quantity supplied is responsive to price
  • B.the same fixed quantity will be supplied no matter the price
  • C.an increase in price will result in an increase in the quantity supplied
  • D.there is a fixed price for the commodity below which no supply will be made
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2001
Question no.
#0
Type
Objective

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