426,280 views
27 votes
27 votes
The table that shows the quantity supplied that the producer wants to sell at different prices is called supply schedule.

User Jakub Zalas
by
2.8k points

1 Answer

24 votes
24 votes

Yes, the table that shows the quantity supplied that the producer wants to sell at different prices is called a supply schedule. A supply schedule is a table that lists the quantities of a good or service that producers are willing and able to offer for sale at different prices over a given period of time. The supply schedule is an important tool for understanding the relationship between price and quantity supplied, as it shows how the quantity of a good or service that producers are willing to sell changes as the price changes. The supply schedule is usually depicted on a graph as an upward-sloping curve, with the price on the y-axis and the quantity supplied on the x-axis. The shape of the supply curve is determined by the costs of production and the expected level of demand for the good or service.

User Broguyman
by
2.9k points