_____ illustrates an upward-sloping relationship between price and quantity.

Name: _____ illustrates an upward-sloping relationship between price and quantity.
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Question

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A supply curve shows the relationship between the price of a good and the quantity of it that suppliers are willing to produce and sell. As the price of the good increases, suppliers will be more willing to produce and sell more of it, resulting in an upward-sloping supply curve.

_____ Illustrates an Upward-Sloping Relationship Between Price and Quantity