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Economics

Economics · Quick practice · answer shown after each question

Supply

Question 1 of 10

Question 1 of 10

A tax on producers shifts the supply curve

Question 2 of 10

Question 2 of 10

An improvement in production technology shifts the supply curve

Question 3 of 10

Question 3 of 10

The law of supply states that, other things being equal,

Question 4 of 10

Question 4 of 10

Supply of agricultural produce in Ghana is affected by

Question 5 of 10

Question 5 of 10

Beef and hides are an example of

Question 6 of 10

Question 6 of 10

Supply is perfectly inelastic when

Question 7 of 10

Question 7 of 10

An improvement in technology shifts the supply curve

Question 8 of 10

Question 8 of 10

A subsidy to producers shifts the supply curve

Question 9 of 10

Question 9 of 10

Goods produced together, such as beef and hides, are in

Question 10 of 10

Question 10 of 10

Supply is Qs = −10 + 5P. At P = 6, quantity supplied is

Questions written by OtisamLMS in the style of the WASSCE. They are not WAEC past questions.