Economy, asked by vv080578, 10 months ago

explain the law of supply​

Answers

Answered by sandeeppatole
2

Answer:

The law of supply is the microeconomic law that states that, all other factors being equal, as the price of a good or service increases, the quantity of goods or services that suppliers offer will increase, and vice versa. Thelaw of supply says that as the price of an item goes up, suppliers will attempt to maximize their profits by increasing the quantity offered for sale.

Answered by shivammishra5774
1

Answer:

job supply badhegi to price bhi padega,

kam hogi to price bhi kam hoga

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