Upward sloping line that graphically shows the quantities supplied at each possible price:

Economic rule stating that price and quantity supplied move in the same direction:

Amount of a good or service that a producer is willing and able to supply at a specified price:

Table showing quantities supplied at different prices:

According to the law of supply, as the price rises for a good:

The relationship between price and quantity supplied is:

The law of diminishing returns results in:

Rule stating as more units of a factor of production are added, total output increases but at a diminishing rate:

The use of science to develop new products and new methods for producing and distributing goods and services:

The four determinants of supply that cause the supply curve to shift to the right or left:

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