ExamPlay Light Logo
Kirjaudu sisään

WAEC - Economics (2014 - No. 6)

A normal supply curve has a positive slope which indicates that
sellers are willing to sell more at a lower price
sellers are indifferent to prices
sellers are willing to sell more at a higher price
there is always a fixed supply

Selitys

A supply curve will normally slope upwards (positive) because sellers like it when they're selling at higher prices than lower ones. So they're more willing to sell at higher prices than lower ones.

Kommentit (0)

Kirjaudu sisään kommentoidaksesi
Mainos
BrainBehindX Inc Logo
©2026; Powered By BrainBehindX Inc