an increase in supply will cause a decrease in price, which will cause an increase in demand ?
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1
Answer:
the law of demand states that other things remaining constant, when the price of a good decreases, the demand for good increases and when the price increases, the demand for the good decreases. There is a negative relationship between quantity of demand and price.
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Answered by
1
Answer:
decrease in supply.
Explanation:
Because there is a simple principle that says increase in supply will decrease the value of the goods that are being supplied. So decrease in supply will lead to scarcity of that particular goods. So demand for that particular product will rise and hence it will lead to increase in value.
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