When price goes up, what happens to supply?

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asked Aug 1, 2022 232k views

2 Answers

Pennyrave · Answer 1 · 2022-08-02T08:19:49+0000

when price goes up supply usually increases. because the more money it cost the less likely it is to be bought by the consumer therefore instead of selling say… 100 products a day, you’re down to 60

When price goes up, what happens to supply?

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