The price of a good and the quantity supplied are ______ related.
The price of a good and quantity supplied are positively related.
A 10% increase in the price of a good causes a 10% decrease in quantity supplied. The supply curve is a _______.
At a price of Rs 100, the quantity of a good supplied by a firm is 5000. Which of these can be the quantity supplied when the price is Rs 200, assuming diminishing returns?
The price of a good reduced by one-third and the quantity supplied reduced by two-thirds. What is the price elasticity of supply?