viuygoiu2284 viuygoiu2284
  • 04-09-2020
  • Business
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true or false When prices increase, producers will tend to decrease the amount of goods or services that they desire to sell

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tutordamola
tutordamola tutordamola
  • 05-09-2020

Answer:

The answer is false

Explanation:

The quantity supplied is positively related with the price of goods and services unlike quantity demanded which is negatively related with the price of goods and services.

This means that the higher the price if a product, the higher the quantity supplied. This is si because producers will want to increase its revenue

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