According to the Law of Supply, There Is a Direct

question 172

Multiple Choice

According to the law of supply, there is a direct relationship between quantity supplied and:

• A) the number of sellers.
• B) costs of resources.
• C) technology.
• D) the price of the good.

---

Definitions:

Glorieta Pass

A site in New Mexico where a significant Civil War battle took place in 1862, pivotal in halting the Confederate westward expansion.

Confederacy

The confederation of 11 southern states that seceded from the United States in 1860-1861, leading to the American Civil War.

Major Robert Anderson

A Union Army officer during the American Civil War, best known for his defense of Fort Sumter at the outbreak of the war.

Fort Sumter

A sea fort in Charleston, South Carolina, known for two battles of the American Civil War, the first of which marked the war's beginning.