How do increases in production costs typically affect the supply of a product in the market?

When production costs go up, it usually becomes more expensive for companies to make their products. This means that some businesses might decide to produce less because they want to avoid losing money. For example, if a toy company faces higher costs for materials like plastic, they might cut back on how many toys they make. As a result, the overall supply of toys in the market decreases, which can lead to higher prices for consumers. Therefore, when production costs rise, the supply of that product typically goes down.