Suppliers need to think about the cost of production versus the revenue which will be received from selling their product, and the change in profit which will be realized at different points on the schedule. This is called the:

Suppliers need to think about the cost of production versus the revenue which will be received from selling their product, and the change in profit which will be realized at different points on the schedule. This is called the: 




A. Demand Curve
B. Supply Line
C. Law of supply
D. Law of demand
E. Demand Schedule




Answer: C


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