sophia0 sophia0
  • 23-05-2019
  • Business
contestada

Which of the following correctly describes the relationship between supply and demand

Respuesta :

mboggs132
mboggs132 mboggs132
  • 23-05-2019

The law of supply shows us that the higher the price, the higher in numbers the product will be supplied or stocked. This is done because selling more product at a higher price creates more revenue. The relationship of supply and demand is: The more a product is in demand the more it will be supplied but price will rise with it.

Answer Link

Otras preguntas

please help thank you very much.
A pool is being filled with a large water hose. The height of the water in a pool is determined by 5g{2} + 3g − 3. Previously, the pool had been filled with a
Cells of a fungus and an animal
if one of my friends has blue eyes what trait did I observe
Which statement is false? 1.All media are constructs. 2.Media messages are entertaining but unimportant. 3.There are many media genres. 4.Media literacy require
HEYYYYY GUYYYSSSS HELP OVER HERE...I WILL REWARD YALL ;)
Which client could be diagnosed with insomnia? a 20-year-old man who is reporting excessive drowsiness at work to the point that he falls asleep while at his co
How does debussy exemplify the twentieth century interest in timbre?
[tex]8x + 4 = 5x - 11 [/tex]
During the Cold War, the US and USSR had many conflicts, and the Cuban missile crisis nearly led to war. Why did the crisis start?