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

Answer and Explanation:

1.Increasing opportunity costs  

2.Increasing marginal costs

Savings usually have positive impacts on economic growth of a nation. Firstly, increase in the amount of money saved increase the amount of money that are available in the banks which can be used for investment purposes that will benefit the economy. Secondly, high saving rate in an economy increases the ability of that economy to recover from inflation and recession. Personally and nationally, saving helps to cope better with economic and financial down turns.