1
QuizMultiple Choice

Determining Market Price

Question 1 • MNPS Economics FTC 25-26

A supply schedule shows how prices affect the

Answer
A
quality of a good.
B
overall economy of a country.
C
quantity of a good supplied by a producer.
D
unemployment rate.

Explanation

A supply schedule lists the quantities of a good that producers are willing to supply at different prices. It shows how price affects the quantity of a good supplied by a producer, not its quality or the broader economy.

AI-written and checked against the verified answer.

Next