asked 152k views
5 votes
Why are businesses only willing to increase the quantity supplied when the price of a product is going up?

asked
User Amance
by
8.4k points

1 Answer

4 votes
Because they want to make money money from it, and if the price is going up, then they will own more so that they can sell it for more money.
answered
User Aleksey Saatchi
by
8.0k points

No related questions found

Welcome to Qamnty β€” a place to ask, share, and grow together. Join our community and get real answers from real people.