The supply curve reflects the:
a. inverse relationship between price and quantity offered.
b. positive relationship between demand and supply.
c. negative relationship between price and quantity bought.
d. positive relationship between price and quantity bought.
e. positive relationship between price and quantity offered.
Question 2
Which of the following corresponds to the definition of the supply curve?
a. It depicts a positive relationship between income and quantity supplied.
b. It depicts a positive relationship between technology and prices.
c. It depicts a positive relationship between prices and quantity supplied.
d. It depicts a negative relationship between prices and quantity supplied.
e. It depicts a proportional relationship between prices and quantity supplied.
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