The law of supply states that the price of goods and services and their quantity are connected to each other, meaning that they move in the same direction. |
Оценка 4,6 (37) Price and quantity supplied move in the same direction; as price decreases, quantity supplied decreases and as price increases, quantity supplied increases. |
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. |
Оценка 4,5 (2) The law of supply states that as the price of a good rises, the quantity supplied decreases. false. equilibrium. |
According to the law of supply, when the price of a good increases, producers want to produce more of the good. Therefore, as the two variables change in the ... |
The law of supply states that the quantity supplied will increase as the price of that product increases. |
The Law of Supply is a law that states that as the price of a good increases, the quantity supplied of the good increases, as the price of a good decreases, ... |
Оценка 4,0 (1) The law of supply states that when there are many sellers of a good, an increase in price results in an increase in quantity supplied. |
Оценка 4,8 (5) The law of supply states that as the price of a good increases, the quantity of the good increases as well and vice versa. There is a positive causal ... |
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