Questions LLC
Login
or
Sign Up
Ask a New Question
Economics
Microeconomics
Market Forces and Supply
The law of supply states that as price increases, ceteris paribus, _____________.
2 answers
the quantity supplied by producers will also increase.
The law of supply states that as price increases, ceteris paribus, the quantity supplied by producers will also increase.
You can
ask a new question
or
answer this question
.
Related Questions
Which economic law states "as prices go up, fewer people will be willing to buy"? * 1 point law of supply law of demand
The law of demand states that as the price of a particular good or service increases, _____.(1 point)
Responses demand increases
when supply decreases and demand increases what happens to the price of a good?
a it increases b it stays the same c it decreases
The law of demand states that 'there is a negative relationship between the price of good and the quantity demand' cetens
Assuming serious drought leads to a decrease in supply of rice. This causes the equilibrium price to __________ and equilibrium
If supply of a good decreases, the equilibrium price would __________ and the equilibrium quantity would __________, ceteris
1.Which of the following is consistent with the law of supply?
a.As the price of calculators rises, the supply of calculators
The law of supply states that as price increases, ceteris paribus, _____.(1 point)
Responses supply decreases supply decreases
The law of supply states that as price increases, ceteris paribus,
A. • quantity supplied decreases B. quantity supplied
The law of supply states that as price increases, ceteris paribus, _____.(1 point)
Responses quantity supplied increases quantity