Economy, asked by parveenathwal4422, 11 months ago

state the law of supply?​

Answers

Answered by yogichaudhary
3

Answer:

The law of supply is a fundamental principle of economic theory which states that, keeping other factors constant, an increase in price results in an increase in quantity supplied. In other words, there is a direct relationship between price and quantity: quantities respond in the same direction as price changes

Answered by rajkumadudahi12345
2

Answer:

law of supplies of fundamental principle of economic theory which states that, keeping other factors constant, an increase in price result in an increase in quantity supplied

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