In the Context of Fundamental Principles of a Free Market

Multiple Choice

In the context of fundamental principles of a free market system, which of the following statements is true of a supply curve?

A) It shows the relationship between price and quantity from a supplier standpoint.
B) For most goods and services, it forms a sinusoidal curve.
C) It shows the relationship between supply and quantity from a buyer standpoint.
D) For most goods and services, it slopes downward as it moves to the right.