The Difference Between a Supply Schedule and a Supply Curve

question 76

Multiple Choice

The difference between a supply schedule and a supply curve is that a supply schedule

• A)incorporates demand and a supply curve does not.
• B)incorporates profit and a supply curve does not.
• C)can shift,but a supply curve cannot shift.
• D)is a table,and a supply curve is drawn on a graph.

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Definitions:

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An arrangement in which a manufacturer or another supplier grants a business the right to sell its products.

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The process of converting raw materials into finished goods through the use of equipment, labor, and processes.

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