the law of supply illustrates that a demand must decrease to

the law of supply illustrates that

(a) demand must decrease to cause increase in quantity supplied

(b) whatever affects price quantity supplied

(c) as price increases, quantity supplied decreases

(d)price changes are always in the same direction as supply changes

(e) a change in price causes a change in supply

Solution

(a) demand must decrease to cause increase in quantity supplied

When their is chhange in price changes quantity supplied. So, it leads the increase in price which causes an increase in the quantity supplied and a decrease in price causes a decrease in the quantity supplied.

the law of supply illustrates that (a) demand must decrease to cause increase in quantity supplied (b) whatever affects price quantity supplied (c) as price inc

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