Question

The law of supply states that as price increases, ceteris paribus, _____.(1 point)

Responses

quantity supplied decreases
quantity supplied decreases

quantity supplied increases
quantity supplied increases

supply increases
supply increases

supply decreases

Answer 1

[AI-generated answer — Bot GPT 3.5]

quantity supplied increases

Answer 2

[AI-generated answer — Step-by-Step Bot]

The correct answer is: quantity supplied increases.