Question

According to the law of supply, which of the following describe the relationship between price and quantity supplied and which do not? Items (8 items) (Drag and drop into the appropriate area below) No more items Categories Does Does not If the price goes up, the quantity! supplied goes up If the price goes down, the quantity supplied goes up There is a direct relationship between price and quantity supplied If price goes up, supply goes down ;The relationship between price If the price goes down, the quantity supplied goes down. and quantity supplied is inverse. If quantity supplied goes up, pric :If price goes up, supply goes up.: goes up

Answer 1

Since the law of supply stats that there is a direct relationship between price and quantity supplied and other factors which affect the supply remains same.

The statement which describe the relationship between price and quantity supplied.

If price goes up, the quantity supplied goes up.

There is direct relationship between price and quantity supplied.

If price goes down, the quantity supplied also goes down.

If the quantity supplied goes up, price goes up.

The statement which does not describe the relationship between price and quantity supplied.

If price goes down, the quantity supplied goes up.

If price goes up, the supply goes down.

The relationship between price and quantity supplied is inverse.

if price goes up, supply goes up.