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Lily is opening a new coffee shop and is having trouble deciding on the price to charge for a

cup of cappuccino. How will determining all the supply schedules of coffee shops in her
market help Lily?

1 Answer

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Answer:

a market supply schedule

Step-by-step explanation:

In economics, the term "supply schedule" is described as a specific table that determines all the different quantities to be supplied at different prices.

Market supply schedule: In economics, the term "market supply schedule" is described as a specific table that is responsible for listing the quantity that is being supplied for a specific service or good that the different "suppliers" throughout the entire economy desires and are able to supply at all different and possible prices.

In the question above, the given statement represents a market supply schedule.

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