Question

The supply curve for watches

a. shows the relationship between the price of watches and the quantity of watches supplied
b. shows the relationship between the quantity of watches firms are willing and able to supply and the quantity of watches consumers are willing and able to purchase
c. is downward sloping
d. shows the supply of watches consumers are willing and able to buy at any given price

Answer 1

A) shows the relationship between the price of watches and the quantity of watches supplied

Step-by-step explanation:

Any supply curve (for every single product) shows the relationship between the quantity supplied of the good or service and the price of the good or service. Supply curves are generally upward sloping since suppliers are more willing to sell their products at higher prices since they make larger profits.