Could you check these please thanks.
A --------- is a graph showing the quantities supplied at each possible price.
A. Supply Schedule
B. Law of supply
C. Supply Curve
D. Market Supply
Is the answer C??
Yes, it is.
Sra
yes, that is the right answer!
Could someone please check this please.
To verify the correct answer, let's go through the options and see which one is the most fitting explanation.
A. Supply Schedule: A supply schedule is a table that lists the quantity supplied of a particular good or service at different prices.
B. Law of supply: The law of supply states that as the price of a good or service increases, the quantity supplied by producers increases, assuming all other factors remain constant.
C. Supply Curve: A supply curve is a graphical representation of the relationship between the price of a good or service and the quantity supplied. It shows the quantities supplied at each possible price.
D. Market Supply: Market supply refers to the total quantity supplied of a particular good or service by all producers in a given market at different prices.
Based on the definitions, it is evident that the correct answer is C. Supply Curve, as it accurately describes a graph showing the quantities supplied at each possible price.