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"Other things equal, when the price of a good rises, the quantity supplied of the good alsorises, and when the price falls, the quantity supplied falls as well." This relationship betweenprice and quantity supplied

a.is referred to as the law of supply.
b.applies only to a few goods in the economy.
c.is represented by a downward-sloping supply curve.
d.All of the above are correct.

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User Orschaef
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1 Answer

3 votes

Answer:

the correct answer is a.is referred to as the law of supply.

answered
User Melanie Journe
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