According to the law of supply, price and quantity move
O along a track in the same direction.
O along a track in opposite directions.
O from different points toward one another.
O from the same point away from one another.

The price and the quantity will move along a track in the same direction. According to the law of supply, the increase in the price of the commodity leads to the increase in the supply of the commodity and vice versa when other factors are constant. This law illustrates the direct relationship that exists between the price of the commodity and the quantity supplied.

caleb1098347 caleb1098347 · Answer 2 · 2022-05-26T20:07:44+02:00

caleb1098347 caleb1098347

26-05-2022

Answer:

A along the track in the same direction.

Explanation:

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According to the law of supply, price and quantity move O along a track in the same direction. O along a track in opposite directions. O from different points toward one another. O from the same point away from one another.

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According to the law of supply, price and quantity move
O along a track in the same direction.
O along a track in opposite directions.
O from different points toward one another.
O from the same point away from one another.