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Supply Curve Graph

oboloo Glossary

Supply Curve Graph

A supply curve graph is a visual representation of the relationship between price and quantity supplied for a given economic good or service. It shows how much of a product is available to consumers at different prices. It’s an essential tool for businesses, helping them understand the factors that influence their ability to trade and make profit from their goods and services. The supply curve graph will also help them plan ahead and make sound strategic decisions in order to maximize profitability.

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