201k views
4 votes
A supply curve shows the relationship between complements. has a direct or positive relationship between price and quantity supplied. shows the relationship between quantity supplied and income. has an indirect or negative relationship between price and quantity supplied.

1 Answer

4 votes

Answer:

The correct answer is letter "B": has a direct or positive relationship between price and quantity supplied.

Step-by-step explanation:

The supply law studies the directly proportional relationship between the quantity supplied and of a good or service and its price. If the quantity supplied increases, so will the price -the supply curve moves to the right. If the quantity supplied decreases, the same will happen to the price -the supply curve moves to the left.

User Dogmatixed
by
7.9k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.