4. The supply curve
Supply : the amount a producer is willing to offer for sale at different prices
in a given period of time.
The supply curve:
The supply curve shows the amount of supply offered for sale at a given
price.
There is a directly proportional relationship between price and quantity.
A shift in the supply curve:
4. The supply curve 1
Supply : the amount a producer is willing to offer for sale at different prices
in a given period of time.
The supply curve:
The supply curve shows the amount of supply offered for sale at a given
price.
There is a directly proportional relationship between price and quantity.
A shift in the supply curve:
4. The supply curve 1
