The relationship between quantity supplied and price

There exist the same correlation between the price and quantity supplied for an individual company and for a market. When price increases, an individual company will increase quantity supplied. Similarly, when the price increases, the suppliers will increase the quantity they deliver to the market. This shows that there is a direct or positive relationship between the quantity supplied and the price. An increase in induces the suppliers to increase the quantity of goods they bring to the market. Conversely, a decline in the price results in a decline in quantity supplied. As a result, the supply curve for an individual supplier and market slopes upward.