This graph demonstrates how the amount produced slightly changes with the price. the amount produced greatly changes with the price. the amount consumed slightly changes with the price. the amount consumed greatly changes with the price

The correct answer is: "the amount produced greatly changes with the price."

The supply curve informs about the amount of a certain product that companies are willing to offer in the markets, at the different price levels. The curve has a positive slope because the two variables have a direct relationship: the larger the price, the larger the amount that companies will supply.

Therefore, it will be always related to the quantity produced and not to the quantity consumed, which is connected to the demand schedule instead.

Let's first compute the size of each variation, before reaching a conclusion:

While prices have experienced a rise of the 25%, the amount supplied has increased in the 166,66%. As the variation in the quantity supplied is much larger than the one in prices, the answer is that the amount produced changes greatly with the price.

the money supply is the total amount of money available in the economy. how do changes in the money supply affect people and businesses?