Podcast
Questions and Answers
True or false: The supply curve shows the relationship between the quantity of a good supplied and its price?
True or false: The supply curve shows the relationship between the quantity of a good supplied and its price?
True
True or false: The supply curve is typically upward-sloping, indicating that as the price of a good increases, the quantity supplied also increases?
True or false: The supply curve is typically upward-sloping, indicating that as the price of a good increases, the quantity supplied also increases?
True
True or false: A rightward shift of the supply curve indicates an increase in supply?
True or false: A rightward shift of the supply curve indicates an increase in supply?
True
