the low of supply shows a relationship
between price and supply when other tings remains constant.
Answers
Answered by
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.
hope it helps you.
mark as brainlist answer.
stay home
stay safe
Similar questions
English,
4 months ago
Geography,
4 months ago
Math,
8 months ago
Computer Science,
8 months ago
Physics,
1 year ago
CBSE BOARD X,
1 year ago