Economy, asked by rkkhande75, 5 months ago

What is the relationship between price and quantity supplied of a commodity?

Answers

Answered by venkatsaiteja022

Explanation:

Price and quantity supplied are directly related. As price goes down, the quantity supplied decreases; as the price goes up, quantity supplied increases. Price changes cause changes in quantity supplied represented by movements along the supply curve.

Answered by TushanSaha

Answer:

price is a type of name plate

Previous Question

Next Question

Similar questions

English, 2 months ago

(11) Write an essay on any one of the following topics in about 200 words: (i) Problem of Population...

Computer Science, 2 months ago

What is the use of taskbar?

English, 2 months ago

Read these sentences from the story and answer they 1. 'Why don't you change into some warm clothes? And have some tea, please! a. Who said these words and to whom? b. Why did the speaker ask the person to change into warm clothes? c. Where had the other person come from? d. What did Tyapa do to make the person comfortable?