Q7. Why Does the Supply Curve Slope Upwards?

The supply curve slopes upwards from left to right because price and quantity supplied usually move in the same direction.

  • When the price rises, sellers can earn more profit.
  • They try to produce and sell more goods.
  • More firms may enter the market to earn profit.

Example: If the price of pens rises, a shopkeeper may offer more pens for sale.

Conclusion: Higher price usually leads to higher quantity supplied, when other factors remain constant.

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