If the price of kayaks rises, the

Name: If the price of kayaks rises, the
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When the price of kayaks rises, it does not change the overall supply curve (which is a relationship between price and quantity supplied at all possible prices), but it does lead to a movement along the supply curve to a higher quantity supplied. This is because suppliers are more willing to produce and sell more at higher prices, assuming other factors remain constant.

If the Price of Kayaks Rises, the