What type of slope is a supply curve?
Upward/direct relationship
A supply curve is a positive slope, meaning that as the price of a good or service increases, the quantity supplied also increases, ceteris paribus (all other factors held constant). This relationship is due to the law of supply, which states that producers are willing to supply more of a good at higher prices, as it becomes more profitable to do so. Conversely, as the price of a good or service decreases, the quantity supplied also decreases, since it becomes less profitable for producers to supply that good or service.
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