Producers supply more at a higher price because selling more quantity at higher price increase revenue means what?
A) The law of demand
B) The law of supply
C) All A and B
D) None of the above
Correct Answer:
Verified
Q1: Quantity of a certain goods producers are
Q2: A point where the quantity of goods
Q3: If all other factors remain equal, the
Q5: Which are the factors of production?
A)Land
B)Labor
C)Capital
D)All of
Q6: Which is the stages of law of
Q7: Which is the stages of law of
Q8: Which is not a part of cost?
A)Total
Q9: To find out cut-off production volume means
Q10: Total Cost equals to _.
A)Total cost =
Q11: Where is exchange of goods and services
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