which-of-the-following-best-describes-the-behavior-of-sellers-in-relation-to-qua

Question

Which of the following best describes the behavior of sellers in relation to quantity supplied?

Accepted Answer

Sellers are willing to supply more of a good as its price increases.

Answer

Sellers will supply the same quantity regardless of price changes.

Answer

Sellers' willingness to supply a good is unaffected by its price.

Answer

Sellers are willing to supply less of a good as its price increases.