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Q:

Name the function that represents the number of products a seller is willing to sell at a given price level.

  • 1
    demand curve
  • 2
    Price (cost) curve
  • 3
    supply curve
  • 4
    none of these
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Answer : 2. "Price (cost) curve"
Explanation :

Supply curve is the curve which shows the quantity of products a seller wishes to sell at a given price level. Supply curve projects different level of goods which can be suppliied by the producers at different levels.

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Basic GK Economics GK

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