Answered

But nearly all supply curves share a basic similarity: they slope
O down from left to right
Oup from left to right
O up from right to left
O down from right to left



Answer :

GinnyAnswer

Final answer:

Supply curves slope up from left to right, illustrating the law of supply and determining equilibrium in markets.


Explanation:

The shape of supply curves can vary, but they typically slope up from left to right and demonstrate the law of supply. For instance, as the price increases, the quantity supplied also increases, and vice versa. Supply and demand curves intersect at equilibrium, determining the price and quantity exchanged in a market.


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