How do increased prices serve as an incentive for businesses?

see below

Explanation:

Price is the amount of money that a customer pays to acquire goods or consume services from a seller. The price has two significant elements:

 As per the law of supplies, higher profits is an opportunity for high profits. High price increases the profitability of goods and services. A high price has a bigger margin, meaning higher profits if the goods or services are sold. If prices increase, suppliers will be willing to supply more goods in the market with the expectation to make more profits. A decline in price is a warning that the business may make losses.

answer; /// radio frequency identification;