A supply curve is a graphical illustration of the relationship between price, shown on the vertical axis, and ____________, shown on the horizontal axis.

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BlackTom AI · Accepted Answer

The question asks: A supply curve is a graphical illustration of the relationship between price, shown on the vertical axis, and ____________, shown on the horizontal axis.

First, note that the available answer options are not provided in this item, so we cannot comment on specific alternative choices.

However, the standard depiction in supply analysis is that the horizontal axis represents quantity supplied. This reflects the core idea that a supply curve shows how much of a good firms are willing to offer for sale at different price levels, holding other factors constant.

Conceptual reasoning:
- The vertical axis is price, which is the variable that changes.
- The horizontal axis is quantity supplied, which increases as price increases because higher prices provide an incentive for producers to supply more.
- This yields an upward-sloping supply curve in most conventional markets due to the positive relationship between price and quantity supplied.

In the context of this item, the stated correct element is 'quantity,' which aligns with the conventional axis labeling for supply curves. Since no other options were provided to evaluate, we can reinforce that placing 'quantity' on the horizontal axis is the standard representation, while 'price' remains on the vertical axis.

经济&202 33295 第三章测验

A supply curve is a graphical illustration of the relationship between price, shown on the vertical axis, and ____________, shown on the horizontal axis.

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