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creativ13 [48]
3 years ago
14

What is the principle of the law of supply?

Business
2 answers:
seropon [69]3 years ago
6 0

B. The higher the price, the larger the quantity produced.

Montano1993 [528]3 years ago
3 0

What is the principle of the law of supply?

B. The higher the price, the larger the quantity produced.

This is true because if the price is is high and the product is selling at a high price, more manufacturers want to make the product because they will get a larger return on investment. If a business is able to sell products at a higher price, they are more profitable long run and are more likely to succeed.

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The problem with this scenario is that in order for every company involved to be able to make a profit, the mortgages' interest rates skyrocketed which made it harder for families to pay back their loans. This eventually made the families lose their houses and that was the end to the housing bubble and the whole economy collapsed.

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Disability income insurance will provide income to a disabled or ill person ___________.
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Disability income insurance will provide income to a disabled or ill person with a waiting period before income is received. Commonly, when a person applies for disability income insurance and is taking out money from the government for disability there is a period of waiting. During this period they review all information given and decides whether or not the person applying actually qualifies for the funds they are wanting to receive. Most states have a set time frame they have to wait and also a set time frame of how long people can receive funds for. 
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If supply increases and demand stays the same, there will be a
Fiesta28 [93]

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B) lower price increase quantit

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