Economy, asked by shabanachhawniwala, 5 months ago

the supply curve is positively sloped.Explain with reasons

Answers

Answered by ɪᴛᴢᴛʀᴀɢɪᴄɢɪʀʟ
20

Answer:

The supply curve slopes upward, reflecting the higher price needed to cover the higher marginal cost of production. The higher marginal cost arises because of diminishing marginal returns to the variable factors............

Explanation:

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