In reference to Exhibit 3-5, assume the price of Tucker's Cola is $1.00 per gallon. If the price were to rise to $3.00 per gallon, and all other factors, such as taxes, etc. remained constant, the result would be a(n):

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An increase in price typically leads to an increase in quantity supplied, as suppliers are willing to produce and sell more at higher prices.

In Reference to Exhibit 3-5, Assume the Price of Tucker's