A supply schedule
A)is a table that shows the relationship between the price of a product and the quantity of the product supplied.
B)is a curve that shows the relationship between the price of a product and the quantity of the product supplied.
C)is the relationship between the supply of a product and the cost of producing the product.
D)is a table that shows the relationship between the price of a product and the quantity of the product that producers and consumers are willing to exchange.

Question

Quizplus · Accepted Answer

A supply schedule is specifically defined as a table that shows the relationship between the price of a product and the quantity of the product supplied. This is different from a supply curve, which is a graphical representation of the same relationship. Options C and D are incorrect, as they do not accurately describe a supply schedule.

A Supply Schedule