The law of supply states that:
A. As the price of a good increases, the quantity supplied increases
B. As the price of a good decreases, the quantity supplied decreases
C. As the price of a good increases, the quantity supplied decreases
D. As the price of a good decreases, the quantity supplied increases
Answer:A
The law of supply states that:
A. As the price of a good increases, the quantity supplied increases B. As the price of a good decreases, the quantity supplied decreases C. As the price of a good increases, the quantity supplied decreases D. As the price of a good decreases, the quantity supplied increases