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Distinguish between a supply function and a supply curve

Distinguish between a supply function and a supply curve

Distinguish between a supply function and a supply curve. What is the difference between a change in the quantity supplied and a shift in the supply curve?

Using defined in (a) concepts contrast the supply and demand conditions for new Ph.Ds in economics and accounting. Why do such large differences in starting salaries seem to persist over time?

 

 

 

………………………….Answer preview…………………………

Supply function is described as the quantity of good in the market. The supply curve demonstrates the supply of a good, product or service in the market through different pricing.  The slope of the supply curve is upward since a higher pricing provides people to supply more products in the market. A change in the supplied quantity leads to a movement along the supply curve that responds to the market prices………………

APA

193 words

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