When you make a graph of a supply curve, what do you measure on the y-axis? How does Aqua's quantity supplied change as the price of bottled water rises? A graph of the supply curve measures the ____ on the y-axis, and when the price of bottled water rises, Aqua's quantity supplied _____. A. Price of the good; increases B. quantiy supplied; increases C. quantity supplied; does not change D. price of the good; decreases
When you make a graph of a supply curve, what do you measure on the y-axis? How does Aqua's quantity supplied change as the price of bottled water rises? A graph of the supply curve measures the ____ on the y-axis, and when the price of bottled water rises, Aqua's quantity supplied _____. A. Price of the good; increases B. quantiy supplied; increases C. quantity supplied; does not change D. price of the good; decreases
Chapter4: Supply And Demand: An Initial Look
Section: Chapter Questions
Problem 3TY
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When you make a graph of a supply curve, what do you measure on the y-axis? How does Aqua's quantity supplied change as the price of bottled water rises?
A graph of the supply curve measures the ____ on the y-axis, and when the price of bottled water rises, Aqua's quantity supplied _____.
A. Price of the good; increases
B. quantiy supplied; increases
C. quantity supplied; does not change
D. price of the good; decreases
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