4. The law of Supply states that as the price of a good rises the supply of that good will rise. This is because *
(5 Points)
As the price rises, demand will rise so supply must rise
As supply rises there is more product available so it is more valuable
As the price rises supply actually falls briefly causing a need for more to be produced
As the price rises more producers want to make profit so they produce more product causing a rise in supply
i need help with my whole test ill give you 40 points!