Which of the Following Is True

Multiple Choice

Which of the following is true?

A) ​According to the law of supply, the higher the price of the good, the greater the quantity supplied.
B) ​An individual supply curve is a graphical representation that shows the negative relationship between the price and the quantity an individual is willing and able to supply.
C) ​The market supply curve is the vertical summation of the individual firm supply curves.
D) ​An increase in supply is illustrated by an upward shift in the supply curve.