what happens when the price of a good increases?\nthe quantity of goods that are produced increases.\nthe…

what happens when the price of a good increases?\nthe quantity of goods that are produced increases.\nthe producer of the good is certain to make less money.\nthe quantity of goods that are produced decreases.\nthe quantity of goods that are produced stays about the same.

what happens when the price of a good increases?\nthe quantity of goods that are produced increases.\nthe producer of the good is certain to make less money.\nthe quantity of goods that are produced decreases.\nthe quantity of goods that are produced stays about the same.

Answer

Answer:

The quantity of goods that are produced increases.

Brief Explanation:

Based on the law of supply, as price rises, quantity supplied rises. The graph also shows a positive - sloping supply curve, indicating a direct relationship between price and quantity supplied.