radomes.openskiesproject.org
mlbbender2000 mlbbender2000
  • 30-12-2016
  • Business
Answered

what is the definition of the law of supply, and what are the factors that will cause a shift in the supply of a product?

Verified Answer :

Anonymous Anonymous
  • 30-12-2016

The law of supply is a microeconomic law which says  "...all other factors being equal, as the price of a good or service increases, the quantity of goods or services that suppliers offer will increase, and vice versa..."

Answer Link

Related Questions

How did the Mongols improve trade in China
A truck driver drove 300 miles in 6 34 hours How many miles per hour did the driver drive
how can friendsfamily members or teammates increase the likelihood of you reaching your goals
The following problem refers to a closed Leontief model Suppose the technology matrix for a closed model of a simple economy is given by matrix A Find the gross
I took a picture of my math questions here take a look
PLEASE ANSWER ASAP YOUR ANSWER MUST INCLUDE AN EXPLANATION IN ORDER TO RECEIVE POINTS AND THE BRAINLIEST ANSWER THANKS
Fill in the blank with the appropriate word is the most common way to measure the standard of living in different countries A GDP per capita B Nominal GDP C Rea
Why was the poem entitled autumn
You should use a conjunction to introduce an adverbial clause A coordinating B correlative C plural D subordinating
The main purpose of the Declaration of Independence was toA force the king to leave the thone so that the colonists couldchoose anotherB illustrate the best way