Question

multiple-choice question
this upward sloping line is called a(n)
ppc
circular flow
supply curve
demand curve
rewatch

Explanation:

• A PPC (Production Possibilities Curve) is typically bowed-out or linear but represents trade-offs, not a simple upward-sloping price-quantity relationship.
• A circular flow is a model of economic interactions, not a line.
• A supply curve shows that as price rises, quantity supplied rises, creating an upward-sloping line.
• A demand curve is downward-sloping, showing inverse price-quantity relationship.

Answer:

supply curve