A supply curve is a representation of the relationship,ceteris paribus,between quantity supplied of a product and

Question

Quizplus · Accepted Answer

The supply curve shows the relationship between the quantity supplied of a product and the product's own price. Ceteris paribus means that all other variables that could affect supply are held constant. Therefore, demand, quantity demanded, the number of sellers, and preference of sellers are not directly related to the supply curve.

A Supply Curve Is a Representation of the Relationship,ceteris Paribus,between