QUESTION IMAGE
Question
date:
supply
across
- supply curve is ______ sloping.
- supply is relationship between price and ______ during a given time period, other factor remain constant.
- various things shift a supply curve right or left. suppliers are willing to offer more or less for sale at each and every price is change in ______.
- who determine supply?
down
- more is supplied at a higher price than at a lower price while factor remain unchanged
- relationship between price and quantity supplied is ______.
- graphical representation of supply.
- the ceteris paribus assumption means that all other relevant factors remain ______
- quantity supplied is the amount of a good that seller are willing to ______.
- if tax is placed on sales of balloons, the supply curve shift to the ______.
Response
Across
- Brief Explanations: In economics, the supply curve has a positive (upward) slope because as price increases, quantity supplied increases (ceteris paribus). So the word is "upward".
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upward
- Brief Explanations: Supply is the relationship between price and the quantity supplied of a good or service during a given time period, with other factors constant. The missing term is "quantity".