Question

According to the law of​ supply, as the price of the good decreases​, it causes A. a movement downward along the supply curve. B. a shift of the supply curve to the left. C. a movement upward along the supply curve. D. a shift of the supply curve to the right.

Answer 1

A. a movement downward along the supply curve.

Step-by-step explanation:

According to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

This accounts for why the supply curve is positively sloped.

A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.

Please check the attached image for a graph showing the supply curve