The law of supply states that,holding other factors constant,as price increases

Question

​The law of supply states that,holding other factors constant,as price increases

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The law of supply states that as price increases, quantity supplied increases, holding other factors constant. This is because suppliers are willing to sell more of a good or service as the price increases, which increases their profits. Conversely, if the price decreases, suppliers are less willing to sell, leading to a decrease in quantity supplied.

​The Law of Supply States That,holding Other Factors Constant,as Price

The Law of Supply States That,holding Other Factors Constant,as Price