According to the law of supply, what happens to the quantity that the suppliers create when the prices increase?

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asked Nov 3, 2024 36.3k views

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Mneute · Answer 1 · 2024-11-07T10:56:44+0000

Answer: the quantity supplied also increases.

Explanation: The law of supply states that there is a direct relationship between price and quantity supplied. In other words, when the price increases

According to the law of supply, what happens to the quantity that the suppliers create when the prices increase?

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