According to the law of ________, there is a positive relationship between price and ________.

A) supply; the change in supply
B) supply; the quantity supplied
C) demand; quantity demanded
D) demand; change in demand

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price during a specified period.

Law

In a general sense, law refers to the system of rules that are created and enforced through social or governmental institutions to regulate behavior, ensuring order and justice.

Supply

The total amount of a good or service available for purchase at any given price level in a given market.