Question

24) The law of supply tells us that other things remaining the same, as the A) price of gasoline falls, the quantity of gasoline supplied decreases. B) cost of producing gasoline increases, the price of gasoline rises. C) cost of producing gasoline falls, the supply of gasoline will increase. D) price of gasoline rises, the quantity of gasoline supplied decreases. E) supply of gasoline increases, the price of gasoline falls.