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3. 2 Analyze data and describe the curve. Interpret the results.

answer:


3 2 Analyze Data And Describe The Curve Interpret The Resultsanswer class=

Sagot :

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Answer:

A supply curve shows the relationship between quantity supplied and price on a graph. The law of supply says that a higher price typically leads to a higher quantity supplied. ... If the price is above the equilibrium level, then the quantity supplied will exceed the quantity demanded.

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