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question archive The following are proper explanations for why the Supply Curve has a positive slope, EXCEPT:Question 2 options:As price per unit increases, then profit per unit will also increase for sure, motivating more production

The following are proper explanations for why the Supply Curve has a positive slope, EXCEPT:Question 2 options:As price per unit increases, then profit per unit will also increase for sure, motivating more production

Subject:EconomicsPrice: Bought3

The following are proper explanations for why the Supply Curve has a positive slope, EXCEPT:Question 2 options:As price per unit increases, then profit per unit will also increase for sure, motivating more production.The supply curve has a positive slope due to increasing marginal cost of production.As price per unit increases, it will motivate the least efficient producers to enter the market.As production increases, the producer will be forced to charge a higher price to cover the higher marginal cost of production for the extra units produced.The following concepts properly describe Market Equilibrium, EXCEPT:Question 3 options:Market equilibrium is the price and quantity that consumers and producers agree on.Market equilibrium is Unstable due to the forces of the market.Market equilibrium is unique.The market equilibrium is Pareto optimal.

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