The law of supply states that the relationship between price and quantity supplied is a. positive. b. negative. c. indirect. d. unclear. e. weak.

The law of supply states that, other things remaining the same, the higher the price of a good, the greater is the quantity supplied.

27 авг. 2024 г. · This means that as the price increases, the quantity supplied also increases, and as the price decreases, the quantity supplied decreases. The ...

The law of supply is the opposite of the law of demand. The law of demand states that the price and quantity supplied are inversely related.

The law of supply in economics states that as the price of a good or service increases, the quantity of goods or services increases, and vice versa.

20 нояб. 2020 г. · relationship between price of a commodity and quantity supplied, when other things remains constant options are Negative Zero Positive

12 нояб. 2018 г. · The law of supply states that there is a positive relationship between the price and the quantity supplied. Thus, as the price increases, A, the supply ...

23 окт. 2021 г. · The relationship between supply price and supply of goods is proportionate. Supply price includes cost of production and selling cost.

Thus the law of supply acts as a bridge between the supply of a commodity and its price. Further, we can say that there is a direct relationship between the ...