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the supply curve shows the relationship between
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The supply curve shows the relationship between?
Supply curve shows relationship between price of the particular commodity and the quantity supplied of that commodity at different price level.
A typical supply curve shows a relationship between the?
price of a good and the quantity sellers would be willing to offer for sale.
What does aggregate demand curve shows?
the inverse relationship between price level and RGDP demanded
Distinguish between indifference curve and isoquants?
indifference curve is a combination of two commodities. where as, isoquant curve shows a relationship between of variable factor i.e. labour and fixed factor i.e. capital.
How do a supply curve and a market supply curve differ?
A supply curve is a graph showing each and every price in that market, where as a Market supply curve shows the prices by all firms that offer the product for sale in a given market.
The supply curve shows the relationship between?
Supply curve shows relationship between price of the particular commodity and the quantity supplied of that commodity at different price level.
What curve shows the relationship between the sales price and quantity is called the demand curve?
supply
A typical supply curve shows a relationship between the?
price of a good and the quantity sellers would be willing to offer for sale.
What curve shows the relationship between temperature and time?
heating
What does aggregate demand curve shows?
the inverse relationship between price level and RGDP demanded
Distinguish between indifference curve and isoquants?
indifference curve is a combination of two commodities. where as, isoquant curve shows a relationship between of variable factor i.e. labour and fixed factor i.e. capital.
How do a supply curve and a market supply curve differ?
A supply curve is a graph showing each and every price in that market, where as a Market supply curve shows the prices by all firms that offer the product for sale in a given market.
What is a table that shows the relationship between the price of a good and the quantity supplied?
Supply schedule
A production possibilities curve shows the relationship between the production of which two items?
any two categories of goods
The market supply curve is?
The market supply curve shows the amount of goods/services produced at any given price. There is a direct relationship between output and price. That is, if the price of goods and services is high, then sellers will produce a large number of goods and services. Conversely, if the price of goods/services is low, then output will also be low.
What is the shape of supply curve during the market period?
The supply curve during the market period is perfectly inelastic and vertical. This shows that the supply cannot be increased in the short run.
What is the relationship between indifference curve and budget constraint?
The tangency point of Indifference curve and budget line shows the Marginal Rate of Substitution between X and Y commodities. Consumer's equilibrium is achieved at that point.
