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HELP A supply curve is opposite of a demand curve. From which point -of -view does a supply curve make the most sense?
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HELP

A supply curve is opposite of a demand curve. From which point -of -view does a supply curve make the most sense?

HELP A supply curve is opposite of a demand curve. From which point -of -view does-example-1
User Nateirvin
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1 Answer

11 votes
11 votes

Answer:

A, From the business perspective

Step-by-step explanation:

Supply will always be determined by businesses as the supply will be based on their everlasting drive to increase profits. By being able to decrease supply (shift the graph to the left) or increase (shift to the right) they will be able to maximize their profits based on their needs (ATC, Opportunity cost, marginal/revenue costs)

User Martin Gunia
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