Supply curve

 

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Supply curve

The graph of quantity supplied as a function of price, normally upward sloping, straight or curved, and drawn with quantity on the horizontal axis and price on the vertical axis. Supply curves for exports and for foreign exchange usually have the same qualitative properties as supply curves for labor, being potentially backward bending.



Similar Matches

Supply shock

Supply shock

An event that influences production capacity and costs in an economy.


Supply price

Supply price

The price at which a given quantity is supplied; the supply curve viewed from the perspective of price as a function of quantity.


Excess supply

Excess supply

Supply minus demand. Thus a country's supply of exports of a homogeneous good is its excess supply of that good.


Supply elasticity

Supply elasticity

The elasticity of a supply function, usually with respect to price.


Supply

Supply

1. The act of offering a product for sale. 2. The quantity offered for sale. 3. The quantities offered for sale at various prices; the supply curve.


Further Suggestions

Supply function
Money supply
Raw material supply agreement
Relative supply
Cross-border supply
Thirty day visible supply
Money supply
Visible supply
Supply side economics
Aggregate supply
money supply
Floating supply
Mode of supply


 
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