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How can you tell which line is the supply line? - Answers
In a supply and demand graph, the supply line is typically upward sloping from left to right, indicating that as the price increases, the quantity supplied also increases. It represents the relationship between the price of a good and the quantity that producers are willing to sell. In contrast, the demand line slopes downward, showing that as prices decrease, the quantity demanded increases. To identify the supply line, look for the line that rises as you move along the horizontal axis.
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How can you tell which line is the supply line? - Answers
In a supply and demand graph, the supply line is typically upward sloping from left to right, indicating that as the price increases, the quantity supplied also increases. It represents the relationship between the price of a good and the quantity that producers are willing to sell. In contrast, the demand line slopes downward, showing that as prices decrease, the quantity demanded increases. To identify the supply line, look for the line that rises as you move along the horizontal axis.
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How can you tell which line is the supply line? - Answers
In a supply and demand graph, the supply line is typically upward sloping from left to right, indicating that as the price increases, the quantity supplied also increases. It represents the relationship between the price of a good and the quantity that producers are willing to sell. In contrast, the demand line slopes downward, showing that as prices decrease, the quantity demanded increases. To identify the supply line, look for the line that rises as you move along the horizontal axis.
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