A downward-sloping demand curve shows: a. the direct relationship between price

Question

A downward-sloping demand curve shows:
a. the direct relationship between price and quantity supplied; as price increases, the quantity supplied
increases.
b. the inverse relationship between price and quantity supplied; as price increases, the quantity supplied
decreases.
c. the direct relationship between price and quantity demanded; as price increases, the quantity
demanded increases.
d. the inverse relationship between price and quantity demanded; as price increases, the quantity
demanded decreases.
e. how supply varies with demand

Explanation / Answer

b. the inverse relationship between price and quantity supplied; as price increases, the quantity supplied decreases.

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