Which of the following characteristics leads to an upward-sloping supply curve? 1.Increasing opportunity costs 2.Increasing marginal costs 3.Diminishing marginal utility 4.A decrease in factor prices 5.

Which of the following characteristics leads to an upward-sloping supply curve?

1.Increasing opportunity costs
2.Increasing marginal costs
3.Diminishing marginal utility
4.A decrease in factor prices
5.An increase in factor prices
6.Increasing labor productivity

1 Answer

Which of the following characteristics leads to an upward-sloping supply curve? 1.Increasing opportunity costs 2.Increasing marginal costs 3.Diminishing marginal utility 4.A dec…

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions