Question

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

Answer 1

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.

Answer 2

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.

Explanation:

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