Assignment 3 question 5 answer in correct

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Dipojjwal Ghosh

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Aug 26, 2021, 2:59:31 AM8/26/21
to Discussion forum for Managerial Economics
Question 3 .If the supply curve of a commodity is positively sloped, a rise in the price of the commodity ceteris paribus results in and is referred to as
Answer : c
 decrease in supply
 

How positive supply curve can give decrease in supply while rise in price.


I think answer is incorrect.

Please correct it and award the marks.

NOC21 MG90

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Oct 16, 2021, 2:13:07 AM10/16/21
to Discussion forum for Managerial Economics, ghosh.dipo...@gmail.com
Dear Learner,

There was a typo in the option of the question. It will be adjusted and marks will be awarded for the same. 

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