asked 233k views
0 votes
The law of supply demonstrates the behaviors of producers when they?​

asked
User AshwinK
by
8.4k points

2 Answers

5 votes

As a result, several different producers supply a large amount of this seed to consumers. ... The quantity of goods that are produced increases. The law of supply demonstrates the behaviors of producers when they. supply goods to consumers.

answered
User Thetarnav
by
8.0k points
0 votes

Answer:

Supply goods to consumers.

Step-by-step explanation:

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.

answered
User DotNetBeginner
by
8.3k 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.