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But nearly all supply curves share a basic similarity: they slope ________________.

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Final answer:

Supply curves slope up from left to right, indicating a direct relationship between price and quantity supplied.

Step-by-step explanation:

Nearly all supply curves share a basic similarity: they slope up from left to right. This means that as the price of a product increases, the quantity supplied also increases, and as the price decreases, the quantity supplied also decreases.

For example, let's say the price of a gallon of milk rises from $1 to $2. As a result, the quantity supplied by dairies also increases from 500 gallons to 720 gallons.

Therefore, supply curves have a positive slope, indicating a direct relationship between price and quantity supplied.

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