If price rises, what happens to quantity supplied of a product?
A) It increases.
B) It decreases.
C) It does not change.
D) Quantity supplied is constant, but supply increases.

Question

Quizplus · Accepted Answer

According to the law of supply, as the price of a product rises, the quantity supplied typically increases because producers are willing to supply more at higher prices to maximize profits.

If Price Rises, What Happens to Quantity Supplied of a Product