Question: On any given supply curve, each point represents: Select one: a. the lowest price buyers will accept per unit of the good. b. the highest

On any given supply curve, each point represents: Select one: a. the lowest price buyers will accept per unit of the good. b. the highest price sellers can get for each unit over time. c. the highest price buyers will pay for the good. d. the lowest price for which a supplier can profitably sell another unit.

Can you please explain the answer as well? And will it change for the demand curve?

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