Questions

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.

We have to find the incorrect statement. All the sentences except D have been correctly structured. In option D, the phrase ‘complied into by’ is incorrect. You "comply with" a rule or a law and not by cities.

To obtain exotic spices or to find trade items are not the reasons for christian missionaries went to Asia.