as price increases A supply curve has a 1 slope due to the L

as price increases. A supply curve has a (1) slope due to the Law of Supply, The Law of Supply states that supplies (2) (2) increase O decrease (1)? postive O negative

Solution

A supply curve has a positive slope due to the law of supply. The law of supply states that supplies increases as price increases as producers would supply more for higher prices which earns higher profits.