Demand and Supply MCQs

Which one is increasing function of price

September 27, 2022

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Which one is increasing function of price

Q. Which one is increasing function of price:

A. Demand

B. Utility

C. Supply

D. Consumption

Answer: Supply

Which one is increasing function of price

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If price and total revenue move in the same direction, then demand is

Which one is increasing function of price

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It describes the law of supply

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