Answer:
Battery manufacturers raise the price of eight AA batteries from $3.50 to $3.95 a set.
Explanation:
A supply curve depicts the relationship between the quantity of a product or service that suppliers are willing to sell and its price. In other words, a supply curve a graphical representation of the supply schedule.
The supply curves show how quantity supplied changes at various prices. A price change is the main cause of movement along the supply curve. Changes in quantity supplied by non-price factors such as changes in technology, tax rate, or natural reasons make the supply curve shift either to the inwards or outwards.
