The market supply curve shows
A) the effect on market demand of a change in the supply of a good or service.
B) the quantity of a good that firms would offer for sale at different prices.
C) the quantity of a good that consumers would be willing to buy at different prices.
D) All of the above are correct.

Question

Quizplus · Accepted Answer

The market supply curve represents the total quantity of a good that producers are willing to sell at various price levels, hence option B is correct. It does not show the effect on market demand (A) or the quantity consumers are willing to buy (C).

The Market Supply Curve Shows