Why is the supply curve upward sloping?

Answer

A supply curve represents the quantity of a good that will be produced at a given price. The higher the price, the larger the quantity of the good that will be available to purchase. This is contrasted to the demand curve on which a higher price caus
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Why Is the Supply Curve Upward Sloping?
A supply curve represents the quantity of a good that will be produced at a given price. The higher the price, the larger the quantity of the good that will be available to purchase. This is contrasted to the demand curve on which a higher price causes... More »
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Q&A Related to "Why is the supply curve upward sloping?"
Because generally, if you are willing to pay more for something, you can get more of it. The blue curve S is supply. As the price P increases, the Quantity available also increases
http://www.quora.com/Why-are-supply-curves-upward-...
Supply curve will be upward sloping in two reason,the first reason is know as the income effect and the second is know as substitution effect.
http://wiki.answers.com/Q/When_the_supply_curve_is...
Any given point along the supply curve shows the minimum per unit price that sellers must get in order to supply a particular quantity of the good. Holding all else constant, suppliers
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