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12 November, 18:46

Select all the correct answers.

Which statements are true according to the law of supply?

A decrease in demand leads to an increase in supply.

U

A decrease in demand leads to a decrease in supply.

An increase in price leads to a decrease in supply.

D

A

decrease in price leads to a decrease in supply.

An increase in price leads to an increase in supply.

+2
Answers (2)
  1. 12 November, 21:22
    0
    fgfdgf

    Explanation:

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  2. 12 November, 22:06
    0
    Which statements are true according to the law of supply?

    decrease in demand leads to a decrease in supply

    An increase in price leads to a decrease in supply

    Explanation:

    When there is a decrease in demand then the supply needs to be decreased as well, Also the increase in price leads to decrease in supply as the demand will be decreased.
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