The law of supply states that as the price of a good rises, a. the quantity supplied of that good disappears. b decreases. c remains the same. dincreases.

The correct answer is B. The law of supply states that as the price of a good rises, the quantity supplied of that good decreases.

Explanation:

The law of supply establishes that the price and the quantity offered of a good go in the same direction, that is, as the price of a good rises, the quantity offered by the producer will also rise, since the producer will try to exploit the higher price of good with higher sales, obtaining higher profits.

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