A graph of the data points in the supply schedule creates which of the following? the supply of goods available a supply curve a

Question

lubasha [3.4K]

3 years ago

13

A graph of the data points in the supply schedule creates which of the following? the supply of goods available a supply curve a

demand curve the quantity of goods demanded

History

2 answers:

kvasek [131] · Answer 1 · 2022-03-14T03:30:46+03:00

The correct answer is: "a supply curve"

The supply curve is a function that represents different combinations of prices and quantities. Those quantities, are the amounts that producers of a certain good or service are willing to manufacture and/or sell at each price level.

It is an upward-sloping function as, according to the law of supply, the higher the market price, the larger the number of units that producers are willing to supply in the market.

Slav-nsk [51] · Answer 2 · 2022-03-14T05:31:26+03:00

Slav-nsk [51]3 years ago

6 0

Answer:

supply curve

Explanation: