supply curve
(sup-ply-curve)
3 syllables
Definition
noun. a graphical representation showing the relationship between the price of a good and the quantity supplied for a given period. it illustrates how much of a good producers are willing to sell at different prices.
Example Sentence
The supply curve for oranges shifted to the right due to increased production.
More Example Sentences
Understanding the supply curve helps businesses make informed pricing decisions.
Synonyms
quantity supplied graph; supply schedule; supply diagram
Antonyms
demand curve; quantity demanded graph; demand schedule
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supply curve
