The supply curve slopes upward when graphed against ________, because of ________.

Name: The supply curve slopes upward when graphed against ________, because of ________.
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Question

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The supply curve slopes upward when graphed against the price of the good because of increasing marginal cost, indicating that as the price increases, producers are willing to supply more of the good, often due to the higher costs associated with producing additional units.

The Supply Curve Slopes Upward When Graphed Against ________, Because