An example of the Law of Supply is:
The price of an object increased, so the quantity supplied of that object also increased.
The price of houses increases, and the supply increases
The quantity of a good supplied rises as the price rises.
The supply of consumer demand
According to the law of supply and demand when supply increases, prices will decrease.
A sandwich shop increases the number of sandwiches it supplies every day when the prices is increased.
The price of houses increases, and the supply increases
The quantity of a good supplied rises as the price rises.
The supply of consumer demand
Consumers is the law of supply and demand.
According to the law of supply and demand when supply increases, prices will decrease.
According to the law of supply and demand when supply increases, prices will decrease.
A sandwich shop increases the number of sandwiches it supplies every day when the prices is increased.
The law of supply is a fundamental principle of economic theory. One can find information about the law of supply on various websites like Wikipedia and Investopedia. These sites provide a lot of information regarding the law of supply.
"Laws" are just quick descriptions of various theories - as an example try the "squared/cubed law". As you double in size you get four as strong but nine times as heavy.
Everything. Personal Preferences., Displays, Supply and Demand, Everything
Everything. Personal Preferences., Displays, Supply and Demand, Everything
Demand refers to how much of a product or service is desired by buyers, and supply represents how much the market can offer. ChaCha 24/7!