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trasher [3.6K]
3 years ago
11

The law of supply demonstrates the behaviors of producers when they

History
2 answers:
Mamont248 [21]3 years ago
6 0

The correct answer is:

C) Supply goods to consumers.  

The law of supply is a microeconomic principle about the production level that suppliers can manufacture at different selling prices. It states that keeping other factors constant, as the price of a product or service rises, the production will rise, and vice versa. This means that suppliers will produce more of a product if the profit is known to be higher.

brilliants [131]3 years ago
6 0

Answer:

<em>The law of supply demonstrates the behaviors of producers, when they supply Goods to consumers.</em>

Explanation:

<em>The law of supply and demand is a theory that describes the interaction between the buyers for that resource and sellers of a resource.</em>

<em>The theory further explains what  effect the relationship between the accessibility of a particular product and the wants (or demand) for that product has on its price.</em>

<em>Generally, the lower supply and the higher demand increase in price and vice versa.</em>

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