Other things equal, when the price of a good rise, the quantity supplied of the good also rises, and when the price falls, the quantity supplied falls as well. How is the relationship between price and quantity supplied represented?
A. Is represented by a downward-sloping supply curve.
B Is referred to as the law of supply.
C. Applies only to a few goods in the economy.
D. All of the above are correct

Question

Other things equal, when the price of a good rise, the quantity supplied of the good also rises, and when the price falls, the quantity supplied falls as well. How is the relationship between price and quantity supplied represented? 
A. Is represented by a downward-sloping supply curve.
B Is referred to as the law of supply.
C. Applies only to a few goods in the economy.
D. All of the above are correct

	Quantity supplied rises as price increases, other things are constant. Quantity supplied falls as price decreases, other things are constant.
	Supply increases as price falls. Supply decreases as price rises.
	Supply increases as price increases. Supply decreases as price decreases.
	Quantity supplied rises as price falls, other things constant. Quantity supplied falls as price increases, other things are constant.

	As price rises, consumers substitute other goods whose price has not risen.
	As price rises, suppliers rearrange their activities to supply more of that good to take advantage of the higher price.
	As price falls, suppliers rearrange their activities to supply more of that good to take advantage of the lower price.
	As price rises, suppliers rearrange their activities to supply more of a substitute good to take advantage of the higher price.

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