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  • 07-09-2020
  • Business
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If the price of hockey pucks goes up from $7.99 to $14.99, what can we expect from suppliers of hockey pucks as a result?

Respuesta :

ewomazinoade ewomazinoade
  • 09-09-2020

Answer:

the quantity supplied of hockey pucks would increase

Explanation:

According to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

As a result of the rise in price of hockey pucks, the quantity supplied of hockey pucks would increase so as to increase their profits.

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