The Supply Curve Slopes Downward Because Sellers Attempt to Sell

question 153

True/False

The supply curve slopes downward because sellers attempt to sell more when price drops.

---

Definitions:

Insects

Most diverse arthropod group; have six legs, two antennae, and, in most subgroups, wings.

Bacteria

Single-celled, prokaryotic microorganisms that come in various shapes and can inhabit a wide range of environments, including soil, water, and living in or on other organisms.

Fungi

A kingdom of complex organisms that include molds, yeast, mushrooms, and more, distinct from plants and animals.

Niche Overlap

Refers to the condition where two or more species occupy overlapping niches, sharing resources in the same environment, which can lead to competition.