Final answer:
As the price increases, the quantity supplied will increase.
Step-by-step explanation:
As the price increases, the quantity supplied will increase. This is based on the law of supply, which states that a higher price leads to a greater quantity supplied. When the price of a good or service increases, suppliers are incentivized to produce and supply more of that good or service to maximize their profit.
For example, let's consider the market for smartphones. If the price of smartphones increases, smartphone manufacturers will be motivated to produce more smartphones and supply them to the market to take advantage of the higher prices and increase their profits.
Therefore, as the price increases, the quantity supplied will also increase.