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Why does quantity supplied increase when price increases?

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Question added by Samer Khatib , Economics Moderator , Bayt.com
Date Posted: 2016/12/23
Ahmed Khattab
by Ahmed Khattab , Marketing Officer/Executive , Egyptian Garments - JET

The quantity of a particular good supplied in a market increases as price goes up because suppliers have an increased interest in producing goods to generate higher amounts of revenue. This is a basic principle of the law of supply and demand.

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