Economy, asked by rajneeshshukla5246, 1 year ago

What is the law for supply and demand

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Answered by tanmoyvestige
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The law of supply states that the quantity of a good supplied (i.e., the amount owners or producers offer for sale) rises as the market price rises, and falls as the price falls. Conversely, the law of demand (see demand) says that the quantity of a good demanded falls as the price rises, and vice versa.

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