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

what is 55 divided by 6
Producing silk is a multistep process that involves plants, insects, and humans. a. True b. False
You are a Group Supervisor working in a Branch within the Operations Section. Who is your immediate supervisor? a. Branch Director B. Branch Executive Officer
The __________ River flows into the Dead Sea and is an important source of irrigation water. a. Tigris b. Euphrates c. Jordan d. Shatt al-Arab
what religion spread across india during the gupta empire? a. christianity b. judaism c. buddhism d. islam
ali's dog weighs 8 times as much as her cat. Together, the two pets weigh 54 pounds. How much does Ali's dog weigh?
what type of organism has the simplest level of organization
Read the sentences below. Determine if the sentences are written correctly or if there is a fragment or run-on sentence. I know the classics are important, I re
if 3 pieces of candy cost $2.10, how much would four pieces cost
15 quarts per hour = gallons per minute