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The law of __________ is defined as the willingness of producers to produce or supply more of a good as the price of the good increases. A. demand B. increasing costs C. supply D. increasing prices
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The law of __________ is defined as the willingness of producers to produce or supply more of a good as the price of the good increases.

A. demand
B. increasing costs
C. supply
D. increasing prices

User Guy Lowe
by
7.1k points

1 Answer

6 votes
C. Supply

Law of supply , As the price of a good or service increases, the quantity of goods or services that suppliers offer will increase, and vice versa.
User Ryan Bigg
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