Answer:
True
Explanation:
This statement is true because it is in consonance or agreement with the law of supply which states that the quantity of a product produced and supplied of a commodity moves in the direction of the price of such commodity, assuming all other factors determining supply remain the same or constant (i.e. ceteris paribus). On the other hand, the quantity of a product produced and offered for sale will reduce as the price of the product falls.
