Economy, asked by preet2912000, 8 months ago

the law of supply shows which realtion ship between price and supply when other things reamain constant​

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Answered by purvajaiswal520
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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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