In linked diagram #1Links to an external site., curve 2 can be used to represent which of the following relationships?

(i) When the price of a product increases, producers usually want to sell more of the product.

(ii) A higher price is usually required to induce producers to sell more of the product.

(iii) When the price of a product decreases, consumers usually want to buy more of the product.

(iv) When consumers are already buying a large quantity of a product, they usually become less willing to pay a high price for more of the product.

Group of answer choices

(i) and (iii).

(ii).

(i) and (ii).

(ii) and (iii).

(iv).

All of the above.