Quantity supplied supply curve and supply schedule

Reference no: EM13691033

Complete the following table by selecting the term that matches each definition.

Pick either: Quantity Supplied Supply Curve, Supply Schedule, or Law of Supply for each.

1. A graphical object showing the relationship between the price of a good and the amount that sellers are willing and able to supply at various prices.

2. The claim that, other things being equal, the quantity supplied of a good increases when the price of that good rises.

3. The amount of a good that sellers are willing and able to supply at a given price.

4. A table showing the relationship between the price of a good and the amount of it that sellers are willing and able to supply at various prices.

Reference no: EM13691033

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