A supply curve shows the relation between the quantity of a good ...

[eruditmonkey@yahoo.com]

A supply curve shows the relation between the quantity of a good supplied and
 
  A) income. Usually a supply curve has negative slope.
  B) income. Usually a supply curve has positive slope.
  C) the price of the good. Usually a supply curve has negative slope.
  D) the price of the good. Usually a supply curve has positive slope.

Question 2

When the benefits of producing a good or service spill over to other people, rather than just the buyer, the spillover is referred to as
 
  A) an external benefit.
  B) an external cost.
  C) a marginal cost.
  D) an equilibrium social output.
  E) a Coasian good.

[Hikerman221]

Answer to Question 1

D

Answer to Question 2

A

[eruditmonkey@yahoo.com]

TYSM

[Liamb2179]

Thanks for the timely response, appreciate it