The market-supply-of-resource curve slopes upward,indicating that as the price of a resource rises,the quantity supplied of the resource rises,everything else held constant.

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This is a basic principle in microeconomics. As the price of a resource rises, it becomes more profitable for suppliers to produce more of it, leading to an increase in the quantity supplied. This relationship is generally depicted as an upward sloping supply curve on a graph.

The Market-Supply-Of-Resource Curve Slopes Upward,indicating That as the Price of a Resource