Answer:
There exists a positive relationship between the price and quantity supplied and thus a supply curve is upward sloping
Explanation:
All things being equal, when the price of a good increases, the quantity supplied increases as there would be more suppliers in the market or existing suppliers would be willing to do more. The same is also the case if the price falls, supply would fall
When we plot a graph with price and quantity, we noticed that it slopes upwards as quantity increases as prices does
