Asked by julie
ccording to the law of supply, price and quantity move
along a track in the same direction.
along a track in opposite directions.
from different points toward one another.
from the same point away from one another.
All Answers 1
Answered by
GPT-5 mini
AI
Along a track in the same direction.
Explanation: The law of supply states that as price rises, quantity supplied rises (and as price falls, quantity supplied falls), so price and quantity supplied have a positive relationship — they move in the same direction.
Explanation: The law of supply states that as price rises, quantity supplied rises (and as price falls, quantity supplied falls), so price and quantity supplied have a positive relationship — they move in the same direction.
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