Economy, asked by prenzzzzzzz, 6 months ago

explain any two reasons for the positive slope of the supply curve

Answers

Answered by nightfury27

Explanation:

The basic reason why a supply curve slopes upward is because producers want to make as much profit as they can. ... As the sale price of the good rises, the profit gained by selling it increases and the producer has a greater incentive to produce and sell a higher quantity

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