Question

When price increases, quantity supplied (5 points)

Answer 1

Hello there.

When price increases, quantity supplied (5 points)

becomes zero

Answer 2

Answer: Increases.

Explanation:

The Law of Supply is a microeconomic law that asserts that, as long as other factors are the same, there is a straight, positive correlation between price and quantity supplied. This means that if the prices decrease, quantity supplied will do the same, and when prices increase, so it does the quantity supplied because producers will try to maximize their earnings by raising quzntity of products for sale.