Use the following to answer questions :
Figure: Demand and Supply of Shirts
-(Figure: Demand and Supply of Shirts) Look at the figure Demand and Supply of Shirts. If the line labeled S shows how many shirts per week will be offered for sale at various prices, then it is clear that for supply, quantity and price are:
A)the same.
B)positively related.
C)negatively related.
D)not related.

Question

Use the following to answer questions :
Figure: Demand and Supply of Shirts 
-(Figure: Demand and Supply of Shirts) Look at the figure Demand and Supply of Shirts. If the line labeled S shows how many shirts per week will be offered for sale at various prices, then it is clear that for supply, quantity and price are:
A)the same. 
B)positively related. 
C)negatively related. 
D)not related.

Quizplus · Accepted Answer

For supply, quantity and price are positively related. This means that as the price increases, the quantity supplied also increases. As the price decreases, the quantity supplied decreases as well.

Use the Following to Answer Questions