question 4 - 1 point the law of supply illustrates select the correct answer below: a positive relationship…

question 4 - 1 point the law of supply illustrates select the correct answer below: a positive relationship between quantity supplied and price of a good. an inverse relationship between quantity supplied and price of a good. an inverse relationship between quantity supplied and costs of production. a positive relationship between quantity supplied and costs of production.

question 4 - 1 point the law of supply illustrates select the correct answer below: a positive relationship between quantity supplied and price of a good. an inverse relationship between quantity supplied and price of a good. an inverse relationship between quantity supplied and costs of production. a positive relationship between quantity supplied and costs of production.

Answer

Brief Explanations:

The law of supply states that, ceteris paribus (all other things being equal), as the price of a good increases, the quantity supplied of that good increases, and as the price of a good decreases, the quantity supplied of that good decreases. It shows a positive relationship between the price of a good and the quantity supplied.

Answer:

a positive relationship between quantity supplied and price of a good.