A. the quantity supplied is responsive to price
B. the same fixed quantity will be supplied no matter the price
C. an increase in price will result in an increase in the quantity supplied
D. there is a fixed price for the commodity below which no supply will be made
Correct Answer:
Option B – the same fixed quantity will be supplied no matter the price
Do you want to study Agricultural Extension in OOU? Before you apply for the OOU…
Do you want to study Agricultural Economics in OOU? Before you apply for the OOU…
Do you want to study Cooperative and Business Management in OOU? Before you apply for…
Do you want to study Home and Hotel Management in OOU? Before you apply for…
Do you want to study Animal Production in OOU? Before you apply for the OOU…
Do you want to study Crop Production in OOU? Before you apply for the OOU…