To Say That the Supply Curve Is Positively Sloped Means

question 98

Multiple Choice

To say that the supply curve is positively sloped means that

• A)as price goes up, quantity supplied will remain constant.
• B)as price goes up, quantity supplied will increase.
• C)households will want to buy less at higher prices.
• D)as price goes up, quantity supplied will decrease.
• E)if the costs of production increase, the quantity supplied will have to increase also.

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