Held constant when one moves along a supply curve

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Reference no: EM13734526

Suppose that the supply curve in question 1 above product is given by P=12+(2/3)Q where P is in thousands of dollars per auto and quantity is in millions of cars per year.

a. Please make a graph of the supply curve.

b. How much do sellers wish to sell if price is 20?

c. What other things are held constant when one moves along a supply curve?

Reference no: EM13734526

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