With no subsequent change in demand, you can expect prices to drop.
Yes, the supply of a good will be more elastic if the price of the good increases.
The law of supply states that as the price of a good increases, sellers are more willing to supply more of that good. This influences sellers to increase the supply of a good because they can make more profit by selling more at higher prices.
supply shock
supply function can be defined as the quantity of a good.
An increase in the supply of a good typically leads to a decrease in the elasticity of its supply. This means that the quantity supplied does not change as much in response to changes in price.
increase
Increase
A constant supply of raw materials
She did not expect much.When can we expect him to be over?I expect you to get a good grade.
When going int o a tractor supply store, one should expect a wide range of products for a wide range of brands. Otherwise, it would be necessary to purchase directly from the manufacturer.
supply shock
Yes, the supply of a good will be more elastic if the price of the good increases.
The law of supply states that as the price of a good increases, sellers are more willing to supply more of that good. This influences sellers to increase the supply of a good because they can make more profit by selling more at higher prices.
supply shock
It lists supply for a specific good.
be a good person for others, never expect much from others,but never hurt those who expect from you...... in this way you can be a good person
supply function can be defined as the quantity of a good.