sherridumler35
sherridumler35 sherridumler35
  • 17-03-2019
  • Business
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Explain question number 1

Explain question number 1 class=

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MsTeel
MsTeel MsTeel
  • 17-03-2019

The supply curve is a graph that shows quantity supplied at a given price. Quantity is on the x axis and price is on the y axis.

At $8, Maria is willing to supply 35 hours.

at $10, she will supply 40 hours, and at $12 she will only supply 37 hours.

The drop in hours between $10 and $12 makes sense because at $10 working 40 hours she will make $400 dollar. but at $12 she can make more money working fewer hours, and can use her time for other things.

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