wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question


If population increases, supply curve remains unchanged in the context of market equilibrium.

A
True
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
False
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A True
True.
Population changes affect only the market demand, not the market supply. Market supply will be affected with changes in the factors of production.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Population Growth
BIOLOGY
Watch in App
Join BYJU'S Learning Program
CrossIcon