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238. (a) Have try inversely linked to its price of design (b) Price and you can number consult out-of a services and products keeps direct matchmaking (c) Fees and you will subsidy has no effect on the supply of your own device (d) Seasonal changes have no affect the supply of your commodity Answer: (a) Likewise have was inversely about the cost of development
239. The definition of also have is the quantity of merchandise otherwise services that the professional-ducers is actually ________ to the industry in the well worth rates during the confirmed age time. (a) Happy to provide (b) In a position to Bring (c) In fact Marketed (d) Each other (a) (b) Answer: (d) One another (a) (b)
240. Which of the pursuing the is a very important factor deciding the supply? (a) Price of the favorable (b) Price of relevant services and products (c) Cost of grounds off Production (d) All more than. Answer: (d) All the a lot more than.
241. Anything else being equal, new ________ the newest relative cost of a new ________ the total amount of it which is offered. (a) High, Lower (b) High, Higher (c) Down, Down (d) Nothing of these Address: (b) Higher, Greater
242. Lower than ________ conditions, Supply are far more than just that under ________ conditions. (a) Aggressive, Monopolized (b) Monopolized, Aggressive (c) Monopolized, Oligopoly (d) Duopoly, Monopolized. (more…)