The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.Table 3.1

-The relationship between prices and the corresponding quantities supplied is shown in a:
A)supply schedule.
B)demand schedule.
C)price-earnings ratio.
D)production possibilities curve.
E)total output schedule.

Question

The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.Table 3.1
 
-The relationship between prices and the corresponding quantities supplied is shown in a:
A)supply schedule. 
B)demand schedule. 
C)price-earnings ratio. 
D)production possibilities curve. 
E)total output schedule.

Quizplus · Accepted Answer

A supply schedule shows the relationship between prices and the quantities of a good that producers are willing to supply at those prices.

The Table Given Below Reports the Quantity Demanded of a Good