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 ...

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.

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.

20 нояб. 2020 г. · The law of supply states that there is a Positive relationship between price of a commodity and quantity supplied, when other things remains ...

The law of supply states that a higher price leads to a higher quantity supplied and that a lower price leads to a lower quantity supplied.

The answer is: c) The Law of Supply states that, other things constant, there is direct (positive) relationship between price and the quantity supplied.

27 авг. 2024 г. · The Law of Supply states that, all else being equal, as the price of a good or service increases, the quantity supplied of that good or service also increases.

13 июл. 2022 г. · The law of supply states that as prices increase, overall supply will increase. Existing suppliers increase their production to maximize profits ...

In short, the law of supply is a positive relationship between quantity supplied and price, and is the reason for the upward slope of the supply curve. Some ...