If the supply curve of a commodity is positively sloped, a rise in the price of the commodity ceteris paribus, results in and is referred to as
A. | A decrease in both demand and supply |
B. | A decrease in quantity supplied |
C. | A decrease in supply |
D. | A decrease in demand |
Answer : C Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |