Question

what do you by supply curve? please tell me my answer ​

Answer 1

Explanation:

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.

Answer 2

The supply curve is a diagrammatic representation of a supply table.

Explanation:

• A supply curve can be defined as the diagrammatic representation of a supply table.
• Supply can be defined as the availability of goods and services that the sellers are ready to sell at a specific price at a given point of time.
• The supply curve is also helpful in understanding the law of supply.
• The supply curve can move forward and backward as well as upward and downward.
• It shows the change in supply due to changes in prices as well as other factors of a product.