When Selling price of a good goes up, what is the relationship to the quantity supplied?
March 9th, 2011 | 
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need to know asap
The cost of production goes down
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It depends what the good is really, if it’s a necessity then the quantity will go up. But say it’s a TV.. If the selling price in the store goes up, less people are likely to buy it, this effects the amount of TV’s supplied because they aren’t going to need as many in store. Hope that helps.
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The cost of production goes down
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I’m working on the SAME thing lol
The supply curve is positively sloped which means that as price increases, quantity supplied also increases.
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