what do you mean by law of supply bhai copy paste mat karna yarr
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Explanation:
Law of supply states that other factors remaining constant, price and quantity supplied of a good are directly related to each other. In other words, when the price paid by buyers for a good rises, then suppliers increase the supply of that good in the market.
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Law of Supply states that other things remaining same, quantity supply increases with a rise in price and decreases with fall in price. It means when a price of commodity increases, quantity supply also increases and when the price decreases, quantity supply also decreases.
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