What happens to the quantity of smartphones supplied and the supply of smartphones if the price of a smartphone rises?

Draw a supply curve of smartphones. Label it. Use any prices and quantities you wish but make your supply curve obey the law of supply. Then draw an arrow to indicate what happens to the quantity of smartphones supplied when the price of a smartphone rises. A rise in the price of a smartphone the quantity supplied and supply.


What happens to the quantity of smartphones supplied and the supply of smartphones if the price of a smartphone

falls

falls​?

Draw a supply curve of smartphones. Label it.

Use any prices and quantities you wish but make your supply curve obey the law of supply.

Then draw an arrow to indicate what happens to the quantity of smartphones supplied when the price of a smartphone falls

fall in the price of a smartphone​ ______ the quantity supplied and​ ______ supply.

A

decreases​; decreases

B.

does not​ change; does not change

C.

does not change decreases

D.

decreases​; does not change