An increase in the price of pineapples will result in
A)a smaller quantity of pineapples supplied.
B)a larger quantity of pineapples supplied.
C)a decrease in the demand for pineapples.
D)an increase in the supply of pineapples.

Question

Quizplus · Accepted Answer

According to the law of supply, an increase in the price of a good typically results in an increase in the quantity supplied, as producers are willing to supply more at higher prices.

An Increase in the Price of Pineapples Will Result in