Economy, asked by sheikhsmyra, 4 months ago

explain law of supply in detail with the help of schedule and diagram

Answers

Answered by khushikr1689

Answer:

The law of supply states that other factors being equal, the quantity of a good supplied increases with an increase in the price level and decreases with a decrease in price level of a good. Supply schedule below shows the positive relationship between price and quantity supplied.

Explanation:

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