 ##  [Law of Supply](/index.php/law-supply) 

  ##  [Law of Supply](https://social.quantumdictionary.io/law-supply-0) 

  

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**Social Sciences Dictionary**

 







 

 

 

 



 

 

 

 

Definition

Holding other determinants constant (ceteris paribus), the quantity supplied of a good tends to rise as its own price rises because higher prices increase the marginal incentive to produce or sell; formally, the supply curve is non‑decreasing in the good’s own price under standard producer optimization assumptions, subject to capacity and time‑frame qualifications.