"Supply curves are upward sloping" is a graphical way of saying
a. supply equals demand
b. price and quantity supplied are inversely related
c. price and quantity demanded are directly related
d. price and quantity supplied are directly related
e. price and quantity demanded are inversely related
D
Economics
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Labor demand depends on the interest rate because
A) household savings depend on the interest rate. B) firms discount future profits. C) of Ricardian equivalence. D) Labor demand actually does not depend on the interest rate.
Economics
Using the above figure, which of the lines in the above diagram represents a progressive tax?
A) A B) B C) C D) none of them
Economics