This statement is WRONG.
The supply curve is an upward-sloping function that determines the relationship between price and quantity supplied. Therefore, if the quantity supplied changes, this would trigger <u>a movement along the curve (and not a shift!). </u>
- An increase in the quantity supplied corresponds to an increase in the selling price of the product. Producers are willing to supply larger quantities when the price is higher. This proves why the slope of the curve is positive.
- On the contrary, a decrease in the quantity supplied corresponds to a decrease in the price.
I can help you with World History
Answer: C. Serbs would not have tried to eliminate other groups
Explanation: Just finished the test got 100%
Answer:
I think it's #3
Explanation:
Hope this is right... Lmk if not ;)
