Law of supply?

Law of supply?
The law of supply is the tendency of suppliers to offer more of a good at a higher price. There is direct relationship between the price of a commodity and its quantity offered for sale over a specified period of time. When the price of a goods rises, other things remaining the same, its quantity which is offered for sale increases as and price falls, the amount available for sale decreases. This relationship between price and the quantities which suppliers are prepared to offer for sale is called the law of supply.

Formula for Law of Supply:

QxS = (Px Tech, Si, Fn, X,........)

Qxs = Quantity supplied of commodity x by the producers.

= Function

Px = Price of commodity x.

Tech = Technology.

S = Supplies of inputs.

Fn = Features of nature.

X = Taxes/Subsidies.
Where Tech, Si, Fn and X are constant