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Ulleksa [173]
3 years ago
6

When price increases, quantity supplied (5 points)

History
2 answers:
lozanna [386]3 years ago
8 0
Hello there.

<span>When price increases, quantity supplied (5 points)

</span><span>becomes zero
</span>
posledela3 years ago
8 0

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.

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The Spread Of Chinese Civilization To Japan
Author: Stearns, Peter N.
Date: 2000

The Spread Of Chinese Civilization To Japan

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