The supply curve is a(n) _____ line that reflects the _____ relationship between price and quantity supplied.
A) downward-sloping; inverse
B) upward-sloping; inverse
C) downward-sloping; direct
D) upward-sloping; direct

Question

Quizplus · Accepted Answer

The supply curve is typically represented as an upward-sloping line, indicating a direct (or positive) relationship between price and quantity supplied. As prices increase, producers are willing to supply more of the good.

The Supply Curve Is A(n) _____ Line That Reflects the _____

The Supply Curve Is A(n) _ Line That Reflects the _