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The price charged and the number of smoothies supplied are needed to create a supply schedule for a fruit smoothie shop.
What else can I help you with?
How are supply schedule and supply curve related?
Supply schedule and supply curve and related in the sense that there exists an important relationship between supply and demand. The greater the supply curve, the greater the supply schedule.
What is the difference between supply schedule and market supply schedule?
A supply schedule a chart that lists how much of a good a supplier will offer at different prices. A market supply schedule a table that lists the quantity of a good ALL consumers in a market will buy at every different price.
Definition of supply schedule?
Supply Schedule- A table showing the relationship between the price of a good and the quantity supplied.
What does a supply schedule is characterized by which?
It lists supply for a specific good.
What is a market supply schedule?
A market supply schedule is a chart that list how much of a good all suppliers will offer at different prices.
What is market supply schedule?
A market supply schedule is a chart that list how much of a good all suppliers will offer at different prices.
When it's not necessary to build a new market supply schedule?
Building a new market supply schedule is not necessary to change stock value.
What is the purpose of a supply schedule?
what is a fungible good
When is it not necessary to build a new market supply schedule?
Building a new market supply schedule is not necessary to change stock value.
What is an amount producers are willing and able to sell at a given price?
Supply schedule or a supply.
Explain how to create and interpret supply schedules?
To create a supply schedule, list the prices of a good or service in one column and the corresponding quantities that suppliers are willing to produce and sell at those prices in another column. This data can be organized into a table, where each row represents a specific price-quantity relationship. To interpret the supply schedule, examine how changes in price affect the quantity supplied; typically, as prices increase, the quantity supplied also increases, reflecting the law of supply. This information helps businesses and policymakers understand market dynamics and make informed decisions.
What is a change in the schedule and a shift of the curve?
Change in supply.
