if-the-price-of-a-product-increases-what-is-likely-to-happen-to-the-quantity-sup

Question

If the price of a product increases, what is likely to happen to the quantity supplied by an individual supplier?

Accepted Answer

The quantity supplied will increase.

Answer

The quantity supplied will remain the same.

Answer

The quantity supplied will fluctuate randomly.

Answer

The quantity supplied will decrease.