Economics Past Questions and Answers

Market supply may increase if there is an increase in the ______________

Government can increase farmers' incomes by _______________

When market supply increases , the equilibrium price _______________

The supply of mangoes is represented as P=0.3Q, where P is the price ($) and Q is the quantity. What is P when Q is 50?

The output of an extra unit of an input is referred to as ______________