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Costa Costa
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6 years ago
Consider the equation QS = c + dP, d > 0, where QS = quantity supplied and P = price.  Which of the following statements is correct?
A) d is the slope of the supply function
B) c is a constant
C) The slope of the supply function is positive because a direct relationship exists between price and quantity supplied
D) All of the above
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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6 years ago
D
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