Law of Supply

πρόσθεσε ένα νέο άρθρο Financial Services

2023-02-09 14:39:22 -

Key points 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. Supply curves and supply schedules are tools used to summarize the relationship between supply and price. Supply of goods and services When economists talk about supply, they mean the amount of some good...

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