To determine what this chart represents, let's first understand the different terms provided:
1. Demand Curve: A graphical representation of the relationship between the price of a good and the quantity demanded by consumers. This typically shows how demand decreases as the price increases.
2. Demand Schedule: A table that lists the quantity of a good consumers will buy at each different price.
3. Supply Curve: A graphical representation of the relationship between the price of a good and the quantity that suppliers are willing to sell. It usually shows how supply increases as the price increases.
4. Supply Schedule: A table that lists the quantity of a good that suppliers are willing to sell at each different price.
Given the chart lists various prices of graphic T-shirts alongside the quantities supplied at those prices, it is showing how the quantity supplied changes as the price changes.
Let's summarize what we have:
- Prices per graphic T-shirt: [tex]$5.00, $[/tex]7.50, [tex]$10.00, $[/tex]12.50, and $1500.
- Quantities supplied at those prices: 10, 20, 30, 40, and 50 respectively.
This information is organized in a tabular format that describes how the quantity supplied varies with the price. Therefore, we conclude that this chart is a:
Supply schedule.
So, the answer to the question is:
supply schedule.
