Why does the supply of a good increase as the price increase?

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asked Nov 12, 2021 130k views

1 Answer

Doug S · Answer 1 · 2021-11-17T18:54:27+0000

Answer:

With increase in Price, Suppliers will provide a higher Quantity. The Supply Curve, by itself, assumes nothing about the Quantity that will be consumed.

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Why does the supply of a good increase as the price increase?

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