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    Question

    Which of the following is true as per the law of

    supply? (1) There is a negative relation between quantity supplied and price (2) There is a positive relationship between quantity supplied and factors of production
    A Only 1 Correct Answer Incorrect Answer
    B Both 1 and 2 Correct Answer Incorrect Answer
    C Both 1 and 2 Correct Answer Incorrect Answer
    D Only 2 Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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