Other thing remain the same as price rises, the corresponding quantity supplied rises, as price falls the quantity supplied falls is___________________?

Related Mcqs:

To charge different prices for the goods of the same standard is called___________________?

A. Prices discrimination B. Prices differentiation C. Oligopoly D. Prices elasticity...

Allocative efficiency is__________________?

A. Producing all output combinations in least costly way B. Producing the specific output mix most desired by society C. Producing the desired things D. None...

______________assumes economic rationality and purely materialistic, individualistic, self interested orientation towards economic decision making?

A. Traditional economy B. Political economy C. Capitalistic economy D. Open economy...

A barrier to the attainment of a set target in a particular period of time?

A. Economic inefficient B. Economic integration C. Economic constraint D. None...

Group of LDC debtors who join together to bargain as a group with creditors?

A. Debtor’s cartel B. Economic union C. Debtor’s commune D. None...