What is the slope of supply curve
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It depends on what the demand of it is.
ua1011033:
Plsss explain it clearly...for 4 marks
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Answer :- The slope of the Supply curve is raising upward from left to right
SUPPLY -
Supply is the quantity of certain goods or services which are provided by the desired suppliers to the market.
THE LAW OF SUPPLY -
This is a direct relationship between the prices of goods and it's supply . If the price of the goods rise then their supply will also rise . In other words , The higher the price , The higher the quantity supplied.
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