If the price of a video game increased, what would the law of supply predict about the quantity supplied of the game?

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08-06-2015
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If the price of a video game increased, what would the law of supply predict about the quantity supplied of the game?

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Kimeto3idn Kimeto3idn · Answer 1 · 2015-06-08T22:10:34-04:00

Kimeto3idn Kimeto3idn

08-06-2015

The law of supply states that all things being equal, an increase in price leads to an increase in quantity supplied.
Hence, the quantity of the game supplied will increase

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