Supply

Front

When producers offer more of a good as its price increases and less as its price falls, this defines the

Back

law of supply

Front

The willingness and ability of a producer to make a product is referred to as

Back

supply

Front

Movement along a supply curve demonstrates

Back

a change in quantity supplied

Front

A shift in a supply curve demonstrates

Back

a change in supply

Front

Which of the following supply curves demonstrates a decrease in the quantity supplied?

Back

Front

A decrease in supply is demonstrated by which of the following?

Back

Front

A hurricane wipes out an orange crop in Florida, sharply affecting the supply of oranges. Which chart demonstrates this concept?

Back

Front

The prices for houses steadily increase, causing more people to want to sell their homes. Which of these demonstrates this concept?

Back

Front

A decrease in the price of a good will

Back

decrease quantity supplied.

Front

Which way does a supply curve slope?

Back

up