Solved UPSC CDS/OTA Question
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Q · Demand and SupplyMedium · 45s
Which of these is an exception to the Law of Supply?
TopicDemand and Supply
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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Agricultural goods (due to natural factors), perishable goods (must sell quickly), and constant cost products can defy the typical upward-sloping supply curve.
Final Answer: Option D — All of the above