A supply curve is the same as a
A) total cost curve.
B) marginal cost curve.
C) total benefit curve.
D) marginal benefit curve.
E) deadweight loss curve.

Question

Quizplus · Accepted Answer

A supply curve shows the relationship between the quantity of a product suppliers are willing and able to sell at different prices. This is represented by the marginal cost curve, as suppliers will only produce an additional unit if it costs less than the revenue earned from selling that unit. Therefore, the correct choice is B, marginal cost curve.

A Supply Curve Is the Same as a