regressive supply curve
Definition
Graph curve that slopes upwards to the left of the chart, showing the unusual situation where the amount of a product (good or service) supplied decreases with the increase in its price. These curves are never found over a whole range of prices, but can occur over a part of the range such as in supply of labor where an increase in wages may result in a lower-availability of paying jobs.
Mentioned in these definitions
Popular 'Economics, Politics, & Society' Terms
regressive supply curve in the news
This content can be found on the following page:
http://www.businessdictionary.com/definition/regressive-supply-curve.html







