As the price of milk increases, producers are normally willing to provide greater quantities.What is this response known as?

Question

Quizplus · Accepted Answer

The response of producers to provide greater quantities when the price of milk increases is known as the law of supply. According to this law, the quantity of a good supplied by producers increases as the price of the good increases, all other factors constant.

As the Price of Milk Increases, Producers Are Normally Willing