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JAMB Economics 2008 Objective — Question 14

Question 14 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2008 Objective paper, with the correct answer and a full explanation.

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An upward movement along the same supply curve results in a(n)

  • A. increase in supply
  • B. decrease in price
  • C. decrease in quantity supplied
  • D. increase in quantity suppliedCorrect

Explanation

An upward movement on a single supply curve is called an increase in quantity supplied.

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