WAEC Economics 2011 Objective — Question 8
Question 8 of 50 from the West African Examinations Council (WAEC) Economics 2011 Objective paper, with the correct answer and a full explanation.
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The slope of a supply curve is
- A. A. horizontal
- B. B. uniform
- C. C. positiveCorrect
- D. D. vertical
Explanation
The slope of supply curve is positive because supply curve slopes upward showing the relationships between price and quantity to be positive.
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