Economy, asked by cvbnnm124, 5 months ago

The law of supply shows a relationship between price and supply when other things remains constant​

Answers

Answered by PrincessTeja
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.

MARK AS BRAINLIST...

Similar questions