The Supply curve Flashcards

(2 cards)

1
Q

what does the supply curve show

A

shows how much of a product that producers will supply on the market at each price

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

how does a change in price affect the supply curve

A

causes movement along the curve

How well did you know this?
1
Not at all
2
3
4
5
Perfectly