A curve that shows us the total quantity of goods that their suppliers are willing to sell at different prices is
A) Market supply curve
B) Law of supply
C) Demand curve
D) Market demand curve

Question

Quizplus · Accepted Answer

The market supply curve shows the total quantity of goods that all suppliers in the market are willing to sell at different prices. The law of supply refers to the direct relationship between price and quantity supplied by each individual supplier. The demand curve shows the total quantity of goods that consumers are willing to buy at different prices, while the market demand curve shows the total quantity of goods that all consumers in the market are willing to buy at different prices.

A Curve That Shows Us the Total Quantity of Goods