The supply curve graphically illustrates the difference between the current supply of a good or service and the potential amount consumers are willing to purchase the difference between the current supply of a good or service and the potential supply producers are capable of producing. the quantity of a good or service producers are willing to supply at alternative prices. the quantity of a good or service consumers will purchase at alternative pricess. the quantity of a good or service consumers will purchase at alternative prices Question 6 1 pts The equilibrium price of a good or service is the price O at which the current quantity supplied by producers is equal to the potential output. O at which all consumers can afford to purchase units of a good or service as long as they provide them with any value. . fixed by the government so that producers do not over produce and consumers do not over purchase. O at which the quantity supplied by producers is equal to the quantity demanded by consumers