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Does a supply curve show a direct or inverse relationship between price and quantity supplied?
Wiki User
∙ 13y ago
Yes, it does.
Wiki User
∙ 13y ago
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The relationship between quantity supplied and price is direct or inverse?
As quantity supplied goes up, price goes down. This is because the supply function is downward sloping. Thus, the relationship is inverse.
Is their inverse relationship between quantity and price?
Yes.
The relationship between quantity demanded and price is direct or inverse?
direct
What is behind the demand curve?
Law of demand is behind the downward sloping of demand curve,i.e. inverse relationship between price and quantity demanded.
How is the law of demand illustrated by a demand schedule and a demand curve?
increase in its price and decreases with decrease in its price, other things remaining constant
The relationship between quantity supplied and price is direct or inverse?
As quantity supplied goes up, price goes down. This is because the supply function is downward sloping. Thus, the relationship is inverse.
Is their inverse relationship between quantity and price?
Yes.
The relationship between quantity demanded and price is direct or inverse?
direct
Is the relationship between pressure and volume direct or inverse?
the relationship between pressure and volume a direct or inverse?
What is behind the demand curve?
Law of demand is behind the downward sloping of demand curve,i.e. inverse relationship between price and quantity demanded.
Why do people buy more of something at lower prices and less at higher prices?
the law of demand. an inverse relationship between the quantity demanded and the price of the product (the lower the price the higher the quantity demanded).
How is the law of demand illustrated by a demand schedule and a demand curve?
increase in its price and decreases with decrease in its price, other things remaining constant
What is the relationship between aquaculture and water quality?
They have an inverse (negative) relationship.
What is similar between an inverse relationship and a linear relationship What is different?
decreases
What are the reasons for negative relationship between price and quantity demanded?
Price and demand have an inverse relationship. Therefore, if the price goes up, the demand goes down; the price goes down, the demand goes up.
What is demand function?
demand function -- a behavioral relationship between quantity consumed and a person's maximum willingness to pay for incremental increases in quantity. It is usually an inverse relationship where at higher (lower) prices, less (more) quantity is consumed. Other factors which influence willingness-to-pay are income, tastes and preferences, and price of substitutes.
What Demand function?
demand function -- a behavioral relationship between quantity consumed and a person's maximum willingness to pay for incremental increases in quantity. It is usually an inverse relationship where at higher (lower) prices, less (more) quantity is consumed. Other factors which influence willingness-to-pay are income, tastes and preferences, and price of substitutes.
