which are the two matter on which law of supply is presented
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The law of supply states that as the price of an item goes up, suppliers will attempt to maximize their profits by increasing the quantity offered for sale. Therefore the two matters on which law of supply is presented are Price and Quantity.
Answered by
1
Answer:
The law of supply states that as the price of an item goes up, suppliers will attempt to maximize their profits by increasing the quantity offered for sale. Therefore the two matters on which law of supply is presented are Price and Quantity.
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