Economy, asked by chauhanhittu511, 6 months ago

explain the law of supply

Answers

Answered by abrar6063

Answer:

THE LAW OF SUPPLY IS FUNDAMENTAL PRINCIPLE OF ECONOMIC THEORY

Answered by gsandhyarani786

Answer:

law of supply states that other factors remaining constant, price and quantity supplied of a good are directly related to each other.In others words, when the price paid by byers of good rises,then suppler increase the supply of that good in the market

hope this answers help you

Previous Question

Next Question

Similar questions

Math, 3 months ago

sum of first five odd multiples of 3 are please teller ...

Geography, 3 months ago

Which scientific invention gained enormous popularity in the early twentieth century and was used by almost half of Americans? A. telephone B. radio C. computer D. Internet E. light bulbs...

History, 3 months ago

You have seen various meanings of a 'like'. What do you think of them? How much should one believe on such reactions?

Math, 6 months ago

ifP(2)=0for polynomial P(x),then one facterof p(x)is ...