Which of the following statements is true regarding this supply curve? Price per Apple Supply $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 The curve shows a direct O relationship between price and quantity supplied. The curve shows an inverse O relationship between price and quantity supplied. The curve shows that the Law of O Supply does not hold in this case. The curve shows that when the O price goes down, suppliers will tend to supply more