File:Economics supply curve.jpg

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Summary

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English: 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 (S) is created by graphing the points from the supply schedule and then connecting them. The upward slope of the supply curve illustrates the law of supply—that a higher price leads to a higher quantity supplied, and vice versa.
Date
Source https://openstax.org/details/books/principles-microeconomics (CNX_Econ_C03_002.jpg)
Author OpenStax College

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12 August 2013

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current01:14, 7 September 2017Thumbnail for version as of 01:14, 7 September 2017585 × 296 (118 KB)Dave BraunschweigUser created page with UploadWizard

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