New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The Supply Curve shows relation between which of the

    following?
    A Quantity and Price Correct Answer Incorrect Answer
    B Quality and Price Correct Answer Incorrect Answer
    C Demand and Price Correct Answer Incorrect Answer
    D Demand and Quality Correct Answer Incorrect Answer

    Solution

    • The Supply Curve in economics represents the direct relationship between the quantity of a good supplied and its price. • When the price increases, the quantity supplied increases, and vice versa. • Other options relate to demand, quality, or consumer preferences, which are different concepts.

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