Which One of the Following Statements Is FALSE

question 339

Multiple Choice

Which one of the following statements is FALSE?

• A) There is an inverse (negative) relationship between product price and quantity supplied.
• B) There is some price at which quantity supplied of a product is zero.
• C) As product price increases, producers are willing to put more of the good on the market for sale.
• D) In order to entice producers to offer more of a product on the market for sale, product price must rise.

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Definitions:

Tractor-Trailer

A vehicle comprising a towing engine (tractor) and a trailer, used primarily for transporting goods over long distances.

Spring Brake Relay Valve

A spring brake relay valve is a component in air brake systems that controls the application and release of the spring brakes, typically used in heavy-duty vehicles for parking and emergency brakes.

Control Signal

An electrical or electronic signal used to control the behavior of a system or device, directing its operation or response.

Trailer

Any of a number of different types of nonpowered, load-carrying vehicles towed by another vehicle.