A. sellers are willing to sell more at a lower price
B. sellers are indifferent to prices
C. sellers are willing to sell more at a higher price
D. there is always a fixed supply
Correct Answer: Option C
C. sellers are willing to sell more at a higher price
Explanation
A supply curve will normally slope upwards (positive) because sellers like it when they’re selling at higher prices than lower ones. So they’re more willing to sell at higher prices than lower ones.
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…