how-would-you-graphically-represent-a-supply-curve-using-the-supply-schedule-5-1

Question

How would you graphically represent a supply curve using the supply schedule: $$5 - 100 units, 10 - 200 $$units, $15 - 300 units?

Accepted Answer

Plot the price on the y-axis and quantity on the x-axis, then connect the points to form an upward-sloping line.

Answer

Plot the price on the x-axis and quantity on the y-axis, then connect the points to form an upward-sloping line.

Answer

Plot the price on the y-axis and quantity on the x-axis, then connect the points to form a downward-sloping line.

Answer

Plot the price on the x-axis and quantity on the y-axis, then connect the points to form a downward-sloping line.

How would you graphically represent a supply curve using the supply schedule: \(5 - 100 units, \)10 - 200 units, \$15 - 300 units?