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Which of the following is consistent with the law of supply:
1. The price of a good falls and its supply decreases.
2.The price of a good rises and its quantity supplied decreases.
3.The price of a good rises and its supply increases.
4.The price of a good rises and its quantity supplied increases.
As the price of a product goes down, the quantity supplied goes up. As the price of a product goes up, the quantity supplied goes down. As the price of a product goes down, the quantity supplied goes down. As the price of a product goes up, the quantity supplied stays the same.
The correct answer is:
To leave the economy alone
Laissez-faire, is a French phrase that means "let (it/them) do" or "let go". It is an economic system in which regulation, privileges, tariffs and subsidies between private parties are free from government intervention. The idea came from the economist and philosopher Adam Smith, he stated that the economy's equilibrium will be obtained when the government minimizes intervention. Thus he believed the government’s role in laissez-faire capitalism was to leave the economy alone.
Answer:
a.) to inform voters of a party’s core beliefs and positions
Explanation:
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