The supply schedule assumes that:

Name: The supply schedule assumes that:
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Question

Quizplus · Accepted Answer

The supply schedule is a table that shows the quantity of a good or service that producers are willing and able to offer for sale at each and every price. The assumption made in a supply schedule is that all factors affecting supply, except for price, remain unchanged. This is known as the ceteris paribus assumption. Therefore, the correct answer is A) factors other than price must remain the same.

The Supply Schedule Assumes That