Question

one of the important expectation law of supply is​

Answer 1

Explanation:

The normal law of supply is widely applicable to a large number of Products. There are certain exceptions to law of supply, like a change in the price of a good does not lead to a change in its quantity supplied in the positive direction. The law of supply is not a universal principle that applies to all circumstances.

Answer 2

ᴛʜᴇ ʟᴀᴡ ᴏғ sᴜᴘᴘʟʏ ɪs ᴛʜᴇ ᴍɪᴄʀᴏᴇᴄᴏɴᴏᴍɪᴄ ʟᴀᴡ ᴛʜᴀᴛ sᴛᴀᴛᴇs ᴛʜᴀᴛ, ᴀʟʟ ᴏᴛʜᴇʀ ғᴀᴄᴛᴏʀs ʙᴇɪɴɢ ᴇϙᴜᴀʟ, ᴀs ᴛʜᴇ ᴘʀɪᴄᴇ ᴏғ ᴀ ɢᴏᴏᴅ ᴏʀ sᴇʀᴠɪᴄᴇ ɪɴᴄʀᴇᴀsᴇs, ᴛʜᴇ ϙᴜᴀɴᴛɪᴛʏ ᴏғ ɢᴏᴏᴅs ᴏʀ sᴇʀᴠɪᴄᴇs ᴛʜᴀᴛ sᴜᴘᴘʟɪᴇʀs ᴏғғᴇʀ ᴡɪʟʟ ɪɴᴄʀᴇᴀsᴇ, ᴀɴᴅ ᴠɪᴄᴇ ᴠᴇʀsᴀ. ᴛʜᴇ ʟᴀᴡ ᴏғ sᴜᴘᴘʟʏ sᴀʏs ᴛʜᴀᴛ ᴀs ᴛʜᴇ ᴘʀɪᴄᴇ ᴏғ ᴀɴ ɪᴛᴇᴍ ɢᴏᴇs ᴜᴘ, sᴜᴘᴘʟɪᴇʀs ᴡɪʟʟ ᴀᴛᴛᴇᴍᴘᴛ ᴛᴏ ᴍᴀxɪᴍɪᴢᴇ ᴛʜᴇɪʀ ᴘʀᴏғɪᴛs ʙʏ ɪɴᴄʀᴇᴀsɪɴɢ ᴛʜᴇ ϙᴜᴀɴᴛɪᴛʏ ᴏғғᴇʀᴇᴅ ғᴏʀ sᴀʟᴇ.