Definition of supply curve with a diagram
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Supply curve, in economics, graphic representation of the relationship between product price and quantity of product that a seller is willing and able to supply. Product price is measured on the vertical axis of the graph and quantity of product supplied on the horizontal axis.
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Answer :- The slope of the Supply curve is raising upward from left to right.
Refer attachment for Supply curve.
SUPPLY -
Supply is the quantity of certain goods or services which are provided by the desired suppliers to the market.
THE LAW OF SUPPLY -
This is a direct relationship between the prices of goods and it's supply . If the price of the goods rise then their supply will also rise . In other words , The higher the price , The higher the quantity supplied.
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