When price increases, quantity supplied

(A. Stays the same)

(B. Decreases)

(C. Increases)

(D. Becomes zero)

Question

Sienna Carr

Social Studies

25 October, 02:12

When price increases, quantity supplied

(A. Stays the same)

(B. Decreases)

(C. Increases)

(D. Becomes zero)

+5

Answers (1)

Know the Answer?

Dharma · Answer 1

The answer is C) Increases

The supply curve has positive slope relative to price, meaning as price goes up, firms are willing to supply more.

The demand curve is the opposite: as price increases, demand falls, because consumers prefer to pay less for products.

When price increases, quantity supplied(A. Stays the same)(B. Decreases)(C. Increases)(D. Becomes zero)

When price increases, quantity supplied

(A. Stays the same)

(B. Decreases)

(C. Increases)

(D. Becomes zero)