The relationship between price and quantity supplied in law of supply is:

CA Foundation · Business Economics · MTP · June 2024
The relationship between price and quantity supplied in law of supply is:
(A) A. proportionate
(B) B. homogenous
(C) C. inverse
(D) D. direct

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. proportionate

Topics: Theory of Demand and Supply

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