The low of supply shows
relationship between
price and supply when
when other
things remains constant
Answers
Answered by
1
Answer:
Economists call this positive relationship between price and quantity supplied—that a higher price leads to a higher quantity supplied and a lower price leads to a lower quantity supplied—the law of supply. The law of supply assumes that all other variables that affect supply are held constant.
Explanation:
The low of supply shows
relationship between
price and supply when
when other
things remains constant
Similar questions