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According to Adam Smith what happens when the supply of a product increases?
Updated: 4/28/2022
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∙ 15y agoBest Answer
The price decreases.
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∙ 15y agoThis answer is:
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What happens when the demand for a product decreases?
When demand decreases, supply increases.
What will happen when the supply of a product increases According to Adam Smith?
the price of the product will decrease
When according to the law of supply and demand when supply increases what else happens?
According to the law of supply and demand when supply increases, prices will decrease.
According to Adam Smith what happens when demand for a good increases?
The supply decreases.
According to Adam Smith what happens when the supply of a good decreases?
The price increases-
Related questions
According to Adam smith What happens when demand for a product decreases?
Supply increases.
What happens when the supply of product decreases according to Adam smith?
The price increases
What According to the law of supply and demand when supply increases what else happens?
According to the law of supply and demand when supply increases, prices will decrease.
What will happen when the demand for a product increases according to Adam Smith?
Supply increases.
What happens when the demand for a product decreases?
When demand decreases, supply increases.
What will happen when the supply of a product increases According to Adam Smith?
the price of the product will decrease
When according to the law of supply and demand when supply increases what else happens?
According to the law of supply and demand when supply increases, prices will decrease.
What happens when supply of a product increases?
The market may be over flooded. Price will fall
According to Adam smith what happen when the demand for a product decreases?
Supply increases.
According to Adam smith what happened when the supply of product increases?
The price decreases.
According to Adam Smith what happens when demand for a good increases?
The supply decreases.
According to Adam Smith what happens when the supply of a good decreases?
The price increases-
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