Which of the Following Is True of the Relationship Between

Multiple Choice

Which of the following is true of the relationship between price and quantity supplied?

A) Whatever the price level, quantity supplied is equal to quantity demanded.
B) More is supplied at lower prices.
C) As the price rises, consumers are willing to purchase more of the good supplied.
D) Except for market-day supply, an increase in price generates an increase in quantity supplied.
E) An increase in price leads to a decrease in quantity supplied.