A. producers pay high taxes
B. two commodities can be supplied at the same time
C. at a lower price less is supplied
D. at a lower price more is supplied and demanded
Correct Answer: Option C
C. at a lower price less is supplied
Explanation
In most cases, the supply curve is drawn as a slope rising upward from left to right, since product price and quantity supplied are directly related (i.e., as the price of a commodity increase in the market, the amount supplied increases, and at a lower price, supply decreases).
