A typical supply curve shows a relationship between the:
A. amount of labour a firm hires and the amount of output it can produce.
B. amount of time required to produce a good and the relevant production costs.
C. price of a good and the quantity sellers would be willing to offer for sale.
D. amount of a good a firm produces and the total profit it earns.
Ans: C. price of a good and the quantity sellers would be willing to offer for sale.
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