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An increase in quantity supplied is represented by demand.
An increase in the supply is not represented by a movement up the supply cuve. A movement up supply curve is due to the increase in quantity supplied instead of the increase in supply. Alternatively, it can also be due to increase in the price of the goods that could lead to movement up the supply curve.
to graph the realationship between quanity supplied and price charged (apex)
increase in price
check your answer
An increase in quantity supplied is represented by demand.
An increase in quantity supplied is represented by demand.
An increase in the supply is not represented by a movement up the supply cuve. A movement up supply curve is due to the increase in quantity supplied instead of the increase in supply. Alternatively, it can also be due to increase in the price of the goods that could lead to movement up the supply curve.
to graph the realationship between quanity supplied and price charged (apex)
increase in price
check your answer
iTunes only has so much copy right to the movies. they will sell out and increase quanity slowly.
Producers only increase quantity supplied in response to DEMAND increases. They only want to make as much as someone will buy.
quanity sold will increase by 10 percent
quanity sold will increase by 10 percent
aggregate supply curve
Economic growth is represented by an increase in demand for products and therefore, an increase in employees being hired.