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Select all the correct answers.

Which statements are true according to the law of supply?
A decrease in demand leads to an increase in supply.
U
A decrease in demand leads to a decrease in supply.
An increase in price leads to a decrease in supply.
D
A
decrease in price leads to a decrease in supply.
An increase in price leads to an increase in supply.​

2 Answers

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Answer:

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Step-by-step explanation:

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User Ahogen
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Answer:

Which statements are true according to the law of supply?

decrease in demand leads to a decrease in supply

An increase in price leads to a decrease in supply

Step-by-step explanation:

When there is a decrease in demand then the supply needs to be decreased as well,Also the increase in price leads to decrease in supply as the demand will be decreased.

User Aytekin
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