If the price of Pepsi increases, then there will be ________ of Pepsi.
A) a decrease in the supply
B) an increase in the supply
C) an increase in the quantity supplied
D) a decrease in the quantity supplied

Question

Quizplus · Accepted Answer

According to the law of supply, if the price of a good increases, the quantity supplied of that good typically increases, as producers are willing to supply more at higher prices.

If the Price of Pepsi Increases, Then There Will Be