The Law of Supply states that Question 15 options: the supply of a product is not affected by its price. when the supply of a product decreases, the price of the product falls. when the supply of a product increases, the price of the product rises. the quantity supplied of a product will increase when the price of that product increases.

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An  associate degree  is an undergraduate academic degree awarded by community colleges, junior colleges, technical colleges, bachelor's degree–granting colleges, and universities upon completion of a course of study usually lasting two years.a  bachelor's  degree  (also baccalaureate, from modern latin baccalaureatus) is usually earned for an undergraduate course of study that normally requires three to five years of study (depending on institution and field of study).

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