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Homework answers / question archive / A supply curve _____

A supply curve _____

Economics

A supply curve _____.

a. tells us the minimum that someone is willing to pay for an additional unit of a good or service

b. shows us that the highest price that someone is willing to pay for an additional unit of a good or service falls as the quantity decreases

c. tells us the lowest price at which someone is willing to sell

d. tells us that marginal cost decreases as the quantity purchased increases

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