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Question

The law of supply represents a _______ relation between supply and price.

A
direct
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B
inverse
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C
negative
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D
total
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Solution

The correct option is A direct
According to the law of supply, when the price of a commodity increases, the supply of the commodity increases and when the price of the commodity decreases, the supply of the commodity decreases. Hence, we can see that the law of supply has a direct relationship between supply and price.

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