a supply schedule shows:

Question

Quizplus · Accepted Answer

A supply schedule shows how quantity supplied changes with different prices. This is because as the price of a good or service increases, suppliers have an incentive to produce and sell more of it, resulting in an increase in quantity supplied. Conversely, as the price of a good or service decreases, suppliers have less of an incentive to produce and sell it, resulting in a decrease in quantity supplied. A supply schedule does not show how quantity supplied changes over time or with different incomes, and it does not show how prices change at a fixed quantity supplied.

A Supply Schedule Shows