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In December there is a large demand for evergreen trees. They are sold on city corners...

In December there is a large demand for evergreen trees. They are sold on city corners and parking lots for Christmas. According to the law of supply, what scenario would you expect to see with the Christmas trees?

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Answer : If demand increase then price rise. As here the demand for Christmas trees is larger hence the price of Christmas trees will rise. According to the law of supply, if price rise then the quantity supplied increase and if price fall then the quantity supplied decrease. As here price rises for Christmas trees due to larger demand hence the quantity supplied of Christmas trees will increase. Therefore, based on given information I expect to see that the quantity supplied of Christmas trees has increased.

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