A. there is an increase in taxes on inputs
B. government increases subsidies
C. rural-urban migration is encouraged
D. the price of the commodity increases
Correct Answer:
Option D – the price of the commodity increases
Explanation
One of the law of supply is, as price increases , the quantity demanded also increase due to the posiive relationship. Therefore, an increase in price will shift the supply curve to the right.
Computer Based Information System
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
Computer Classification and Information
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
Operations Management Problems
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
Payback and NPV Analysis
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
Linear Programming
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
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