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. A decrease in demand leads to a decrease in supply. An increase in price leads to a decrease in supply. A decrease in price leads to a decrease in supply. An increase in price leads to an increase in supply.

Question

Tobias Key

13 October, 09:04

+3

Answers (2)

Know the Answer?

Anya Joyce · Answer 1

-A decrease in price leads to a decrease in supply.

-An increase in price leads to an increase in supply.

Explanation:

i got 100% this is right xo

Mario · Answer 2

A decrease in demand leads to a decrease in supply