A supply schedule can be plotted on a graph to yield a supply curve.

Name: A supply schedule can be plotted on a graph to yield a supply curve.
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Question

Quizplus · Accepted Answer

A supply schedule contains information about the quantity of a good or service that a supplier is willing and able to produce and sell at different prices. When this information is transferred onto a graph, with price on the vertical axis and quantity on the horizontal axis, it produces a supply curve. Therefore, the statement is true.

A Supply Schedule Can Be Plotted on a Graph to Yield