Economy, asked by pawanmunganiya, 4 months ago

3. Write down any four reasons for application of Law of Supply.

Answers

Answered by Anonymous

5

Answer:

Law of Supply.

Profit Motive: The basic aim of producers, while supplying a commodity, is to secure maximum profits.
Change in Number of Firms: ADVERTISEMENTS:
Change in Stock: When the price of a good increases, the sellers are ready to supply more goods from their stocks.

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