Question

conclusion of supply​

Answer 1

Answer:

The law of supply describes the behavior of sellers. ... In general, sellers will supply more of a good at higher prices than at lower prices. When this relationship is graphed, the result is an upward-sloping supply curve. A change in price results in movement along the supplycurve from one point to another.

Explanation:

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Answer 2

Answer:

The law of supply describes the behavior of sellers. ... In general, sellers will supply more of a good at higher prices than at lower prices. When this relationship is graphed, the result is an upward-sloping supply curve. A change in price results in movement along the supplycurve from one point to another.

Explanation:

Supply is a fundamental economic concept that describes the total amount of a specific good or service that is available to consumers. Supply can relate to the amount available at a specific price or the amount available across a range of prices if displayed on a graph.It's a fundamental economic principle that when supply exceeds demand for a good or service, prices fall. When demand exceeds supply, prices tend to rise. ... However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.