Question

According to the Law of Supply, if the price of a product goes up then ________. a. demand will go down. c. demand will go up. b. quantity supplied will go up. d. quantity supplied will go down. Please select the best answer from the choices provided A B C D

Answer 1

Answer:

B, Quantity supplied will go up

Explanation:

According to the law of supply, if the price of a product increases, supply of that product will also increase.