The law of supply says that when price rises, quantity supplied increases.

Name: The law of supply says that when price rises, quantity supplied increases.
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According to the law of supply, as the price of a good or service increases, suppliers will offer more of that good or service, ceteris paribus. This is because the higher price incentivizes suppliers to increase their production in order to earn a greater profit. Therefore, there is a direct relationship between price and quantity supplied.

The Law of Supply Says That When Price Rises, Quantity