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The Supply Curve
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The Supply Curve
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3. Supply and Demand / The Basics of Supply / Problem 5
Problem 5
A supply schedule shows that at a price of \$3, 15 units are supplied, and at a price of \$6, 30 units are supplied. What does this indicate about the supply of the good?
A
The supply of the good increases as the price increases.
B
The supply of the good decreases as the price increases.
C
The supply of the good is unrelated to its price.
D
The supply of the good remains constant regardless of price changes.
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