Supply curve

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Revision as of 14:16, 5 May 2016 by imported>Doug Williamson (Expand.)
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Economics.

A graphical illustration of the periodic quantity of a specified good or service that the producer would be prepared to produce and sell at a given price.


Supply curves are generally upward sloping.

As the price increases, the quantity supplied increases.

As the price decreases, the quantity supplied decreases.


See also