Question: Make a graph with point answer full explain If the price of a calculator is $6, 16 million calculators a year are supplied. Draw a
Make a graph with point answer full explain
If the price of a calculator is $6, 16 million calculators a year are supplied. Draw a point at this combination of price and quantity. Price (dollars per calculator) 12 If the price of a calculator falls to $1, 4 million calculators are supplied. Draw a point at this combination of price and quantity 10- Draw a supply curve for calculators that is consistent with this information. Label the curve. 8- What changes when a movement occurs along the supply curve? Along the supply curve, 6- O A. the quantity supplied increases as the price rises because technology 4- advances O B. the quantity supplied increases as the price rises because the prices of factors of production rise O C. the quantity supplied increases as the price rises because the prices of substitutes in production also rise 12 16 20 Quantity (millions of calculators per year) O D. the price changes but all other influences on producers' planned sales remain the sameStep by Step Solution
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