39.6k views
9 votes
Explaining
2. What is the
relationship between
price and supply?

User Seventh
by
5.8k points

2 Answers

2 votes
Higher price= higher quantity supplied
Lower price= lower quantity supplied
User Dinomix
by
5.1k points
8 votes

Answer:

that a higher price leads to a higher quantity supplied and a lower price leads to a lower quantity supplied—the law of supply.

Step-by-step explanation:

User Akantoword
by
4.9k points