Question

1. which of the following are consistent with the law of supply?○ there is a direct or positive relationship between price and quantity supplied.○ price goes down and quantity supplied goes down.○ price goes up and quantity supplied goes up.○ all of the above are examples of the law of supply.

Explanation:

The law of supply states that, ceteris paribus, there is a direct positive relationship between the price of a good and the quantity supplied of that good. This means when price rises, quantity supplied rises, and when price falls, quantity supplied falls. All the listed statements align with this core principle.

Answer:

All of the above are examples of the law of supply.