A supply curve illustrates a(n) _____ relationship between _____ and _____.

Question

A supply curve illustrates a(n) _____ relationship between _____ and _____.​

Quizplus · Accepted Answer

A supply curve illustrates a direct relationship between price and the quantity supplied, hence the correct choice is C. Choice A is incorrect because it wrongly states that a supply curve shows a direct relationship between price and supply, when only the quantity supplied changes as the price changes. Choice B is incorrect because it mentions "quantity demanded" instead of "quantity supplied." Choice D is incorrect because it describes an inverse relationship between price and quantity demanded, which is the inverse of a demand curve. Choice E is incorrect because it mentions "supply" instead od "quantity supplied."

A Supply Curve Illustrates A(n) _____ Relationship Between _____ and _____.​

A Supply Curve Illustrates A(n) ___ Relationship Between _ and ___.