law of supply The willingness and ability of businesses to sell more when price rises and less when it drops. The direct relationship between quantity supplied and price. Related Related Articles: Top Ten Ways to Sound Like an EconomistNew Year’s Resolution: Top Ten Ways to Sound Like an EconomistNew Year’s Resolutions: The Top Ten Ways To Sound Like An EconomistTop Ten Ways to Sound Like an EconomistThree Graphs That Tell the Whole Oil Story Ann Mills Share This Previous Articlegross national product (GNP) Next ArticleM2 December 17, 2020