The "Law of Supply" Refers to the Fact That, All

Multiple Choice

The "law of supply" refers to the fact that, all other things remaining the same, when the price of a good rises

A) there is a movement up along the supply curve to a larger quantity supplied.
B) the supply curve shifts leftward.
C) there is a movement down along the supply curve to a smaller quantity supplied.
D) the supply curve shifts rightward.