10 июн. 2020 г. · Final answer: The law of supply indicates that an increase in price results in an increase in the quantity supplied, as producers are motivated ...

Оценка 5,0 (1) The law of supply states that, other things remaining the same, the higher the price of a good, the greater is the quantity supplied.

It states that when the price rises then it leads to a rise in the quantity supplied by the producers. Hence, the supply curve is upward sloping as it depicts ...

The law of supply states that, other things equal, an increase in price causes quantity supplied to increase. price causes quantity supplied to decrease.

8 февр. 2023 г. · The answer is true, The law of supply states that other things being equal, the quantity supplied of a good increases as its price increases ...

The law of supply is an economic concept that states that as the price of goods and services increases, the quantity supplied will also increase. This means ...

Law of demand states that, all other things being equal, the quantity demanded falls when the price rises and the quantity demanded rises when the price falls.

14 нояб. 2024 г. · So, when the price of a good rises (increases), the quantity supplied of the good also rises (increases). This is why option (c) is the correct ...

29 мар. 2024 г. · The correct statement regarding the Law of Supply is: "When the price of a good rises, the quantity supplied of the good rises."