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Supply Test

Enter the letter for the matching Answer
incorrect
1.
supply schedule
incorrect
2.
supply
A.
refers to the willingness and ability of producers to offer goods and services for sale.
B.
This is a table that shows how much of a good or sevice an individual producer is willing and able to offer for sale at each price in a market.
Type the Question that corresponds to the displayed Answer.
incorrect
3.
A graph that shows how much of a good or service all producers in a market are willing and able to offer for sale at each price.
incorrect
4.
This is a graph that shows how much of a good or service an individual producer is willing and able to offer for sale at each price.
incorrect
5.
This law states that producers are willing to sell more of a good or service at a higher price than they are at a lower price.

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