Why Does Quantity Supplied Increase When Price Increases

question 263

Multiple Choice

Why does quantity supplied increase when price increases?

• A)Producers find it more profitable to make the item.
• B)People "drop out" of the market, so buyers find it more abundant.
• C)As demand decreases with a high price, surpluses appear.
• D)All of the above.

---

Definitions:

Crisis

To Erikson, the turning point faced at each developmental stage.

Cognitive Needs

Innate needs to know and to understand.

Innate Needs

Fundamental, inborn requirements essential for basic functioning and well-being.

Cognitive Needs

Basic desires and psychological requirements that drive an individual's thinking, problem-solving, and intellectual growth.