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As demand increases, supply increases, and as demand decreases, supply decreases. (Assuming Ceteris Paribus (All other factors are held constant))
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∙ 12y ago
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What is the relationship between the law of supply and the supply curve?
it always rises from left to right
The supply curve shows the relationship between what?
the supply curve shows the relationship between
The supply curve shows the relationship between?
Supply curve shows relationship between price of the particular commodity and the quantity supplied of that commodity at different price level.
Which relationship is the BEST example of the Law of Supply?
The quantity of a good supplied rises as the price rises.
What is the difference between price and supply?
if the supply is low and the demand is high, then the price of the good will be high. if there is high supply but low demand, then the price will be low. the price of a good or service is determined by the relationship between supply and demand. look for any basic macro or micro economics books and it should give you a very good explanation on the subject also pay attention to the graphs of supply and demand and you will get a better understanding of the relationship between supply and demand.
What is the relationship between the law of supply and the supply curve?
it always rises from left to right
What is the relationship between state and law?
Distinguish between a public law relationship and a private law relationship.
The supply curve shows the relationship between what?
the supply curve shows the relationship between
What is relationship between law and state?
what is relationship between law and state
What is the relationship between a power supply and a motherboard?
engaged
A graph of boyles law shows the relationship between?
a graph law graph shows the relationship between pressure and volume
The supply curve shows the relationship between?
Supply curve shows relationship between price of the particular commodity and the quantity supplied of that commodity at different price level.
What does a graph of Charles law shows the relationship between?
A graph of Charles Law shows the relationship between temperature and volume of gas.
What relationship does Charle's law describe?
The relationship between temperature and volume
What relationship does Charles's law describe?
The relationship between temperature and volume
What relationship does avogandra law describe?
the relationship between volume and moles
Which relationship is the BEST example of the Law of Supply?
The quantity of a good supplied rises as the price rises.
