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Which of the following best explains the purpose of a supply schedule?

O A. To demonstrate how the supply decreases as price increases.
B. To calculate how much time it takes for distribution.
C. To show the relationship between quantity supplied and prices.
O D. To indicate how supply and demand relate to price.

User Jasha
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2 Answers

1 vote

Answer:

it is c

Step-by-step explanation:

because it does mean To show relationship between quantity supplied

and prices.

User Uhu
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5 votes

Answer:

C. To show the relationship between quantity supplied and prices.

Step-by-step explanation:

A supply schedule is a tabular demonstration of the quantity that suppliers will be willing to sell at different prices. It is a table showing the relationship between supply and price.

According to the law of supply, the supply increases as the price goes up. Therefore, the supply schedule is a tabular illustration of the law of supply.

User MJM
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