asked 39.6k views
9 votes
Explaining
2. What is the
relationship between
price and supply?

asked
User Seventh
by
8.1k points

2 Answers

2 votes
Higher price= higher quantity supplied
Lower price= lower quantity supplied
answered
User Dinomix
by
7.9k points
8 votes

Answer:

that a higher price leads to a higher quantity supplied and a lower price leads to a lower quantity supplied—the law of supply.

Step-by-step explanation:

answered
User Akantoword
by
7.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.