Why is this? You would think that at lower prices a consumer would want to sell more of a product to make up in the difference of profit they are losing from selling the same product at a higher price. And since the demand of an item at a lower price increases they should be able to sell more of the item, making it productive to supply more. I don't understand. Can someone explain to me why this is not so?
From: At higher prices, a larger quantity will generally be supplied than at lowerprices, all other things held constant. At lower prices, a smaller quantity willgenerally be supplied than at higher prices, all other things held constant.