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11 January, 21:58

Which of the following characteristics leads to an upward-sloping supply curve?

1. Increasing opportunity costs

2. Increasing marginal costs

3. Diminishing marginal utility

4. A decrease in factor prices

5. An increase in factor prices

6. Increasing labor productivity

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Answers (1)
  1. 11 January, 22:12
    0
    Answer and Explanation:

    1. Increasing opportunity costs

    2. Increasing marginal costs
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Home » Business » Which of the following characteristics leads to an upward-sloping supply curve? 1. Increasing opportunity costs 2. Increasing marginal costs 3. Diminishing marginal utility 4. A decrease in factor prices 5. An increase in factor prices 6.
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