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Compiete the foiiowing tabie by selecting the term that matches each denition. Quantity Supply Supply Law of Definition Supplied Curve Schedule Supply The amount of
Compiete the foiiowing tabie by selecting the term that matches each denition. Quantity Supply Supply Law of Definition Supplied Curve Schedule Supply The amount of a good that sellers are willing and able to supply at a given price O O O O The claim that, other things being equal, the quantity supplied of a good . . . O O O O Increases when the prlce of that good rises A graphical object showing the relationship between the price ofa good and the . . . . O O O O amount that sellers are willing and able to supply at vanous prices A table showing the relationship between the price of a good and the amount of O O O C) it that sellers are willing and able to supply at various prices Apply your understanding of the previous key terms by completing the following scenario with the appropriate terminology. Your colleague Van is stressed out about a task he has just been assigned at work. Given a sales report, He is in charge of analyzing conditions in the market for televisions. If Van's manager is interested in a graphical presentation of the relationship between the price and quantity of televisions supplied, you would advise your colleague to construct V using the data provided. However, if 'lian's boss is more interested in the detailed numbers used to construct this visual representation, you would instead advise your coworker that a v would be more appropriate. Appiy your understanding of the arevious ke terms by compieting the foiiowing scenario with the appropn'ate terminoiogy. a supply curve Your colleague Van is stres e has just been assigned at work. Given a sales report, He is in charge of analyzing conditions in the market for televisions. the law of supply a supply schedule If Van's manager is interest .entation of the relationship between the price and quantity of televisions supplied, you would advise your colleague to construct 7 using the data provided. However, if Van's boss is more interested in the detailed numbers used to construct this visual representation, you would instead advise your coworker that a v would be more appropriate
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