The market supply curve shows

the effect on market demand of a change in the supply of a good or service

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the quantity of a good that firms would offer for sale at different prices

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the quantity of a good that consumers would be willing to buy at different prices

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All of the above are correct

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Solution

The correct option is B
the quantity of a good that firms would offer for sale at different prices

The market supply curve shows the quantity of a good that firms would offer for sale at different prices.

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Similar questions

Q. Supply is the quantity of goods and services readily available for sale in the market at a given price. Supply is decided by ____.

Q. Market for a good is in equilibrium. What is the effect on equilibrium price and quantity if both market demand and market supply of the good increase in the same proportion? Use diagram.

Which of the following curves shows the different quantities of a good that one particular consumer is willing to buy at different possible prices of the good at a point of time?

The following table contains the quantity of goods supplied by a firm at different prices. Use interpolation to find what quantity of goods would the firm supply at a price of Rs 85.

$\begin{matrix} P r i c e (X) & Q u a n t i t y (Y) 25 & 19 50 & 32 75 & 39 100 & 48 125 & 63 150 & 68 \end{matrix}$

The market for a good is in equilibrium. What is the effect on equilibrium price and quantity if the increase in market demand is less than the increase in market supply?

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The market supply curve shows

The correct option is B the quantity of a good that firms would offer for sale at different prices The market supply curve shows the quantity of a good that firms would offer for sale at different prices.

The correct option is B
the quantity of a good that firms would offer for sale at different prices

The market supply curve shows the quantity of a good that firms would offer for sale at different prices.