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ICE Princess25 [194]
4 years ago
6

Why will producers supply more at higher prices?

Social Studies
1 answer:
vitfil [10]4 years ago
6 0

Answer:

But unlike the law of demand, the supply relationship shows an upward slope. This means that the higher the price, the higher the quantity supplied. Producers supply more at a higher price because selling a higher quantity at a higher price increases revenue.

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