Which of the following statements is true? Price per Supply Apple $2.00 C (7, $2.00) $1.75 $1.50 $1.25 $1.00 B (3, $1.00) $0.75 $0.50 $0.25 A (0, $0.25) . X 0 1 2 3 4 5 6 7 Quantity of Apples (in thousands) The curve shows both the supply O and demand for apples at various prices. When the price is $2.00, the O quantity supplied is 7 thousand bushels of apples. The Law of Supply does not apply O to this curve. When the price rises, fewer apples O are supplied