How do the willingness and ability of a producer affect supply?

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asked Jul 9, 2021 214k views

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Ghost Ops · Answer 1 · 2021-07-15T19:34:33+0000

Answer:

The supply curve demonstrates the relationship between a good's price and the quantity producers are willing and able to supply. The upward sloping line demonstrates this direct relationship: as the price rises, the quantity supplied increases; as price decreases, quantity supplied decreases

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How do the willingness and ability of a producer affect supply?

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