Andrew Yang Is The President
The correct answer should be A
hoover
Glass-Steagall Act of 1932
Federal Home Loan Bank Act
Hawley-Smoot Tariff
The Stinson Doctrine
Federal Farm Board
not hoover
Fair Labour Standards Act
Federal Emergency Relief Act
Civilian Conservation Crops
Agricultural Adjustment Administration
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.
Please show the chart with the image button.