market supply curve

(mar-ket-sup-ply-curve) 5 syllables

Definition

noun. a graphical representation showing the relationship between the price of a good or service and the quantity supplied by producers at various prices.

Example Sentence

The market supply curve illustrates how much of a product producers are willing to sell at different price levels.

More Example Sentences

Understanding the market supply curve is essential for analyzing how prices affect production decisions.

Synonyms

supply schedule; supply function; production curve

Antonyms

demand curve; demand schedule; shortage

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market supply curve
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