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The law of supply<span> states that the quantity of a good </span>supplied<span> (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 </span>demand<span> (see </span>demand<span>) says that the quantity of a good demanded falls as the price rises, and vice versa.</span>
Answer:
75.6 ounces
Step-by-step explanation:
Step one.
Given data
we are told that the original quantity of food is 63 ounces
and the increase is in food is by 20%
Step two:
let us find the increase in ounces
=20/100*63
=0.2*63
=12.6 ounces
Hence the amount of food in the bag now is
=12.6+63
=75.6 ounces
