In the context of fundamental principles of a free market system, which of the following statements is true of a supply curve?
A. It shows the relationship between price and quantity from a supplier standpoint.
B. For most goods and services, it forms a sinusoidal curve.
C. It shows the relationship between supply and quantity from a buyer standpoint.
D. For most goods and services, it slopes downward as it moves to the right.
Answer: A
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