Which of the Following Statements About the Supply Curve Is

question 58

Multiple Choice

Which of the following statements about the supply curve is not true?

• A) A supply curve represents a producer's willingness and ability to sell.
• B) A supply curve shows the minimum price a producer will accept for any given quantity.
• C) A supply curve visually displays the supply schedule.
• D) A supply curve illustrates how many consumers want to purchase goods and services.

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