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supply curve
supply curve
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Số nhiều: supply curves
This term is a technical staple of microeconomics, used to visualize the law of supply. It describes a positive correlation where the quantity supplied increases as the price rises, reflecting the profit motive of producers.
In academic and professional contexts, the term is used to analyze market equilibrium. A shift in the supply curve, as opposed to a movement along the curve, indicates a change in external factors such as production costs or technology rather than a simple reaction to price changes.
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demand curveeconomicspricequantitymarketequilibriumsupplydemandslopeproducercostmarginal costproductionsurplusshortageelasticityprice elasticityshiftmovementincentiverevenueprofitresourceinputoutputcommoditygoodservicecompetitionmonopolyoligopolyfirmindustryallocationscarcitytradeexchangevaluationgraphaxiscoordinatefunctionvariableconstantinterceptlinearconvexconcavemarket priceequilibrium pricemarginal utilityopportunity costfixed costvariable costcapacityinventorystockwholesaleretailsubsidytaxtariffquotainflationdeflationmacroeconomicsmicroeconomics