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  5. The upward slope of...

The upward slope of the supply curve indicates that

Economics
WAEC 2001
The upward slope of the supply curve indicates that
  • A. more will be supplied as price rises
  • B. less will be supplied as price rises
  • C. supply is not a function of price
  • D. supply is static and demand is dynamic
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Correct Answer: Option A
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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