What does the law of supply state?

2 answers:

6 0

Answer: The law of supply states that suppliers will supply more goods or services as the price of the goods or services rise and vice versa.

Explanation:

The law of supply states that suppliers will supply more goods or services as the price of the goods or services rise and suppliers will supply less goods or services as the price of the goods or services decrease. Thus, it indicates that suppliers will make more gain or profit by supplying more of a good at a higher price.

Also, supply refers to the quantity of goods and services which a supplier is willing and able to supply at a given rate over a specified period of time.

diamong [38]3 years ago

5 0

The law of supply states that the quantity of a good supplied (i.e., the amount owners or producers offer for sale) rises as the market price rises, and falls as the price falls. Conversely, the law of demand (see demand) says that the quantity of a good demanded falls as the price rises, and vice versa.

You might be interested in

These carftmen who made thing from metal A.blacksmith B. pewter c silversmith D all of above

slavikrds [6]

Answer:

Explanation:

the correct answer is A. because a silversmith works with silver and pewter is a type of metal allow

3 0

2 years ago

An injured tennis player has to take a break from playing. While she is healing, she watches videos of other players. She pays s

andriy [413]

Answer:

mirror neurons and observational learning

Explanation:

Mirror neurons are the neurons in our body that fire when we try mirror the action of another organism. When we are observing something and are trying to learn it the mirror neurons help us to convert the visual stimulus to motor actions in our body. This entire process is called observational learning.

Here, the tennis player was watching videos of others playing. When she was doing this she was storing all the visual stimulus. After she started to play again the mirror neurons converted the visual stimulus to motor action.

Hence, mirror neurons and observational learning were used here.

3 0

2 years ago

PLEASE HELP FIRST AND CORRECT ONE GETS BRAINLYEST :DDDD

Paraphin [41]

Your answer would be D

7 0

3 years ago

Read 2 more answers

Twins Malcolm and Molly are learning to ride a bike. Molly watches Malcolmâs attempts for several minutes and then tries to ride

Phantasy [73]

Answer:

During the process, Molly's mirror neurons are active when she watches Malcolm and when she rides her own bike.

Explanation:

As the name suggests, mirror neurons become highly responsive when a similar activity being done by an individual is seen being performed by someone else.
This process of specific brain activity is stimulated owing to the fact that the brain processes the image of the other individual to match with that of your own.

6 0

3 years ago

Which were the two crises important factors?

RSB [31]

The Moroccan Crisis (1905-1906) was the first crises and was one of the long term causes of World War One. The fight over control of Morocco broke down the trust between the major European Powers. The second crisis was the Bosnian Crisis (1908-1909) and was caused by Austria-Hungary's desire to annex Bosnia-Herzegovina. This crisis led to the assassination of Franz Ferdinand which triggered the breakout of the war.

7 0

3 years ago