JAMB Economics 2008 Objective — Question 8

Question 8 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2008 Objective paper, with the correct answer and a full explanation.

If 100 units and 120 units of commodity X are supplied at N80 at different time, it means that there is

A. a change in supplyCorrect
B. a change in the quantity supplied
C. an increase in the quantity supplied
D. a decrease in the quantity supplied

Explanation

It is called a change in supply since the price does not change. The change in demand was caused by another factor.

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