richardspann796 richardspann796
  • 13-01-2021
  • Business
contestada

Because supply curves slope upward, this supports the law of supply that as prices __________, more goods will be supplied.

Respuesta :

topeadeniran2 topeadeniran2
  • 14-01-2021

Answer: increase

Explanation:

The supply curves slope upward due to the fact that there's a direct relationship between the price of the good and the quantity that's supplied.

This means that when price increase let's say the price of a good moves from $5 to $7, the suppliers will supply more due to the price increase.

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