Question

19.) Show the relationship between
Price and supply of
good
in the
market.
please answer this question also.​

Answer 1

Answer:

Explanation:

Ans:1)As price rises, quantity supplied also increases, and vice versa. The supply curve (S) is created by graphing the points from the supply schedule and then connecting them. The upward slope of the supply curve illustrates the law of supply—that a higher price leads to a higher quantity supplied, and vice versa

Ans:2)It has helped in stabilising food prices and making food available to the poor at affordable prices. It maintains the buffer stock of food grains in the warehouse so that the flow of food remain active even during the period of less agricultural food production

Ans:3)sorry last question is not clear