Economy, asked by sachin9925, 6 months ago

the law of supply shows a relationship betweenprice and supply when other thing remain constant​

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Answered by PrincessTeja
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.

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