A Supply Curve Shows Quantities Supplied at Various Prices

question 120

Multiple Choice

A supply curve shows quantities supplied at various prices.It also shows the

• A) total profit the firm earns at a given level of output.
• B) marginal benefit of the good.
• C) total cost of production.
• D) marginal cost of production.
• E) producer surplus, which is equal to the slope of the supply curve.

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