The Price at Which Sellers Are Not Willing to Supply

question 113

Multiple Choice

The price at which sellers are not willing to supply a good is $70 a unit. As the quantity supplied of the good increases by one unit, the minimum price at which someone is willing to sell that unit increased by $5. What is the equation of this supply curve?

• A)P = 70 - 5QS
• B)QS = 70 - 5P
• C)P = 5 + 70QS
• D)QS = 5 + 70P
• E)P = 70 + 5QS

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