1. According to what we know about markets, which of the following is true?

1. As of June 4, 2020 gas prices in Orlando are fair- if quantity demanded equals quantity supplied.
2. Say's Law does not apply to necessities like food and water because people need these items no matter what.
3. The invisible hand could not work in Venezuela even if the government got rid of price ceilings.
4. Supply curves have a negative slope because consumers do not like high prices.

5.None of the above