The relationship between quantity supplied and price is __________ and the relationship between quantity demanded and price is ____________.

A) direct,direct
B) inverse,inverse
C) inverse,direct
D) direct,inverse

Quantity Supplied

The total amount of a commodity that producers are willing and able to sell at a given price during a specific time period.

Quantity Demanded

The sum of a product or service that buyers are ready and capable of buying at a certain price point during a given period.

Inverse

The opposite or reverse relationship, where an increase in one variable leads to a decrease in another, and vice versa.