18
QuizMultiple Choice

Profit — Unit test

Question 18 • 2102320-Economics HONORS - Edgenuity Teacher

A market supply schedule shows

Answer
A
the products of two companies only.
B
the prices and quantity in an entire market.
C
how prices affect a single producer.
D
how prices affect a group of consumers.

Explanation

A market supply schedule lists the quantity that all producers in a market are willing to supply at different prices. It therefore shows prices and quantities for the entire market, not just one company or consumers. The correct choice is “the prices and quantity in an entire market.”

AI-written and checked against the verified answer.

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