If price rises, what happens to quantity supplied for 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 for a Product