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The supply curve is upward sloping because of
Equilibrium Constant
A mathematical expression that relates the concentrations of reactants and products in a chemical reaction at equilibrium.
Ph
A measure that provides insight into the acidity or basicity level of an aqueous solution; values range from 0 (very acidic) to 14 (very basic).
Hemoglobin
A red protein responsible for transporting oxygen in the blood of vertebrates, its molecule comprises four subunits, each containing an iron atom.
Le Chatelier's Principle
A principle that states that if a system at equilibrium is subjected to a change in concentration, temperature, volume, or pressure, then the system adjusts to counteract that change and restore a new equilibrium.
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