Supply
AS Level. This should help people with their revision on supply. This includes the Supply Curve.
- Created by: Sam Milliken
- Created on: 04-10-10 11:45
Other questions in this quiz
2. Market supply is...
- The combined quantity that all producers are willing to sell at any price.
- Where buyers and sellers come together to dicuss an agreed price for a product, which is then sold to the buyer.
3. What causes shifts in supply?
- All of the above
- Alternative Industries
- Law change
- New technology
- Improved efficiency
4. On the supply curve graph; where does the price and quantity go?
- Price is on the Y axis; Quantity is on the X axis
- Price is on the X axis; Quantity is on the Y axis
5. A shift left on the supply curve shows...
- a decrease in supply.
- a increase in supply.
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