Theory Of Supply
Other
1st Grade
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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The factor causing extension in supply of a good is-----
increase in number of firms
decrease in tax rate
improvement in technology
increase in price of the good
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
relation between price and quantity supplied...............................
positive
negative
no relation
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Individual supply related with..............
single firm
group of firms
None
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Market supply means..................
supplied by all firms
supply by individual firm
None
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
supply curve means....................................
graphical presentation
graphical presentation of supply schedule
None
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
what is supply schedule ?
various quantities that can be sell at different prices
relation between quantity supplied on different prices
Both
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Increase in supply due to................
due to favourable change in other factor
due to change in price of commodity
Both
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