Which of the following has a direct relationship rather than an inverse relationship with the supply curve?

Question

Quizplus · Accepted Answer

The number of sellers has a direct relationship with the supply curve, meaning that an increase in the number of sellers will shift the supply curve to the right, increasing the quantity supplied at any given price. This is because more sellers mean more competition, which can lead to increased production and a greater willingness to sell at lower prices. The other choices have an inverse relationship with the supply curve - resource prices, consumer income, and prices of other goods that firms could produce all affect the cost of production, which in turn affects the willingness and ability of firms to supply a given quantity at different prices. As these factors increase, the supply curve will shift left, indicating that firms are willing to supply less at any given price.

Which of the Following Has a Direct Relationship Rather Than