At any given quantity, cost to the marginal seller of soccer balls is shown by:
A)the length of the supply curve for soccer balls
B)the height of the supply curve for soccer balls
C)the height of the demand curve for soccer balls
D)the cost of each soccer ball

Question

Quizplus · Accepted Answer

The cost to the marginal seller of soccer balls is represented by the height of the supply curve at any given quantity. This is because the supply curve reflects the minimum price at which sellers are willing to provide a specific quantity of goods, which corresponds to their costs.

At Any Given Quantity, Cost to the Marginal Seller of Soccer