What is the relationship between price and quantity in the supply curve?
The supply curve is positively sloped, meaning that as the price of a goo...
What is the relationship between price and quantity in the supply curve?
The supply curve is positively sloped, meaning that as the price of a good increases, the quantity supplied also increases. The supply curve is negatively sloped, meaning that as the price of a good increases, the quantity supplied decreases. The supply curve is a straight line, meaning that there is no relationship between price and quantity. The supply curve is a horizontal line, meaning that the quantity supplied remains constant regardless of the price.
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