621EconomicsMedium
The law of supply states that an increase in the price of a good?
Aincreases the quantity supplied of that good
Bdecrease the demand for the good
Cnone of these answers
Dincrease the supply of that good
Edecrease the quantity demanded for that good
Correct answer
A. increases the quantity supplied of that good
Explanation
The correct answer is increases the quantity supplied of that good.