(1)what is supply schedule?
(2)what is supply curve?
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Answers
Answer:
Supply schedule and supply curve
A supply schedule is a table that shows the quantity supplied at each price. A supply curve is a graph that shows the quantity supplied at each price. Sometimes the supply curve is called a supply schedule because it is a graphical representation of the supply schedule.
Explanation:
The supply schedule is the table that shows quantity supplied of gasoline at each price. As price rises, quantity supplied also increases, and vice versa.
The supply schedule is the table that shows quantity supplied of gasoline at each price. As price rises, quantity supplied also increases, and vice versa.The supply curve is a graphic representation of the correlation between the cost of a good or service and the quantity supplied for a given period.
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