Meaning of Supply schedule and supply curve and the law of supply
Answer Text: Supply schedule and supply curve:-Supply schedule is a table that shows the quantities of goods that sellers are willing and able to offer for sale at a particular price within a specific period of time.Supply curve:-Is a graphical representation of the supply schedule.-The supply curve slopes upwards from left to right.The law of supply:-states that, the higher the price, the higher the quantity supplied to the market and vice versa.
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