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zmey [24]
4 years ago
11

What does the law of supply state?

Social Studies
2 answers:
zimovet [89]4 years ago
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]4 years ago
5 0
The law of supply states<span> 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 </span>law<span> of demand (see demand) says that the quantity of a good demanded falls as the price rises, and vice versa.</span>
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Explain why the housing market follows an up-and-down cycle.
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Well, its actually bit complicated but Ill get into one of the biggest issues.

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Rom4ik [11]

Because of the belief that helping behavior is motivated by self-interest, it led to claim that there is no such thing as true altruistic behavior.

<h3>What is a helping behavior?</h3>

This refers to any voluntary actions that is intended to help the others with reward regarded or disregarded.

However, since people believed that helping behavior is motivated by self-interest, it led to belief of no such thing as true altruistic behavior.

Therefore, the Option B is correct.

Read more about altruistic behavior

<em>brainly.com/question/11287458</em>

#SPJ4

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