A supply curve is a graphical representation that shows the relationship between the price of a good or service and the quantity that producers are willing to supply. Typically, the curve slopes upward, indicating that as prices increase, suppliers are more willing to produce and sell more of the product. This reflects the basic economic principle that higher prices incentivize producers to increase their output. The supply curve is an essential tool in economics, helping to analyze market behavior. It can shift due to various factors, such as changes in production costs, technology, or government regulations. Understanding the supply curve is crucial for businesses and policymakers to make informed decisions regarding market dynamics and resource allocation.