Qo explain law of supply with the help af an imaginary supply Curve ?
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Law of supply states that other things remaining constant, there is a positive relationship between price and quantity supplied. When the price rises, supply also rise and vice-versa.Image result for supply curve
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The law of supply states that price and supply move in the same direction and are directly proportionate. Which means if price increases, supply extends and if price falls supply contracts. This can also be visioned on the supply curve attached.
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