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.
Advertisement
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.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.