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Assessment: JAMB UTME - Economics - 2017 Subject: Economics

Question 1 Report

The graph above represents

Answer Details
There is an increase in the quantity supplied if the quantity supplied increases as a result of an
increase in price of the commodity.

From the graph, an increase in the price of the commodity from p1 to p2 brought about a
corresponding increase in quantity supplied from q1 to q2.

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