The law of supply is a microeconomic law. It states that, all other factors being equal, as the price of a good or service increases, the quantity of that good or service that suppliers offer will increase, and vice versa .
23 мая 2021 г. · The law of supply states that, other things equal, when the price of a good falls, the quantity supplied of the good rises. |
Conversely, the law of supply, other things equal, states that as the price of goods and services decreases, the quantity supplied will also decrease. This ... |
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. |
C) the market-clearing price defi · Other things equa, when the price of a good rises, the: a. quantity demanded of the good increases, b. supply increases, c. |
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 ... |
10 июн. 2020 г. · Other things equal, when the price of a product rises, the suppliers will produce more of that product to take advantage of the higher profit ... |
14 нояб. 2024 г. · Subject:Other. The law of supply states that, other things equal, when the price of a good a. falls, the quantity supplied of the good rises. |
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." |
18 окт. 2024 г. · Firstly, when the price of a good increases, sellers are able to make higher profits from selling the good. This provides them with an incentive ... |
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