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to graph the realationship between quanity supplied and price charged (apex)

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13y ago

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Related Questions

What best explains the purpose of a supply curve?

The purpose of a supply curve is to graph the relationship between quantity supplied and price charged.


What best explains the purpose of supply curve?

The purpose of a supply curve is to graph the relationship between quantity supplied and price charged.


Which of the following is shown by the intersection of the supply curve and the demand curve?

the equilibrium price of a good or service


Which of the following is a determinant of market supply curve but not a determinant of an individual seller's supply?

number of sellers


What is difference between individual supply curve and market supply curve?

The difference between individual supply curve and the market supply curve is tat individual supply curve is like a firm. To be able to get the market supply curve you have to have the individual supply curve.


How is a market supply curve similar to and different from an individual supply curve?

how is a market supply curve similar to and diffrent from an individual supply curve


Which the following most accurately describes how the equilibrium prices of a good or service can be determined?

By finding where the supply curve and the demand curve intersect.


Which of the following most accurately describes how the equilibrium price of a good or service can be determinedAsk us anything?

By finding where the supply curve and the demand curve intersect


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.


Does a change in producers' technology lead to a movement along the supply curve or shift in the supply curve?

just lead to a shift in the supply curve.


What is needed to dertermine the equilibrium of a good or service?

by finding where the supply curve and the demand curve intersect


What happens if demand curve interacts with the supply curve?

Then demand and supply are equal.