
If the price of electric cars increases significantly, what is a likely response from suppliers?
How does 'quantity supplied' differ from 'quantity demanded'?
How would you graphically represent a supply curve using the supply schedule: \$5 - 100 units, \$10 - 200 units, \$15 - 300 units?
Which symbol is used to represent supply in economic models?
What is the implication of the law of supply for suppliers when the price of a good decreases?
How would you graphically represent a supply curve using the supply schedule: \$2 - 20 units, \$4 - 40 units, \$6 - 60 units?
Why is the relationship between price and quantity supplied considered directly proportional?
What mnemonic device can help remember the direction of the supply curve compared to the demand curve?
According to the law of supply, what happens to the quantity supplied of a good when its price increases?
Given the following data: \$3 - 30 units, \$6 - 60 units, \$9 - 90 units, construct a supply schedule and explain its purpose.