Difference between revisions of "Supply curve"
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Latest revision as of 22:20, 2 June 2020
Supply curve is a line that shows the relationship between price and quantity supplied on a graph, with quantity supplied on the horizontal axis and price on the vertical axis.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Supply curve. A line that shows the relationship between price and quantity supplied on a graph, with quantity supplied on the horizontal axis and price on the vertical axis.
