the law of supply shows a..........relationship between price and supply when other things remains constant
1 no
2 positive
3 negative
4 proportional
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1
Answer:
Positive Relationship between Price and Supply
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0
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.
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