Question

according to the law of supply: group of answer choices there is an inverse relationship between price and the quantity supplied. there is a direct relationship between price and quantity demanded. there is a direct relationship between price and the quantity supplied. there is an inverse relationship between price and quantity demanded.

Answer 1

Answer:

there is a direct relationship between price and the quantity supplied.

Explanation:

If price rises, supply will rise because suppliers will see the opportunity to earn more profit.

If price falls, supply will fall due to low opportunity of profit to the suppliers.