Homework answers / question archive / Other things equal, when the price of a good rises, the quantity supplied of the good also rises, and when the price falls, the quantity supplied falls as well

Other things equal, when the price of a good rises, the quantity supplied of the good also rises, and when the price falls, the quantity supplied falls as well

Economics

Share With

Other things equal, when the price of a good rises, the quantity supplied of the good also rises, and when the price falls, the quantity supplied falls as well.? This relationship between price and quantity supplied:

A. Is represented by a downward-sloping supply curve.

B Is referred to as the law of supply.

C. Applies only to a few goods in the economy.

D. All of the above are correct