Ask Question
25 June, 01:45

Describe how a change in the price of resources affects quantity supplied for products?

+4
Answers (1)
  1. 25 June, 04:15
    0
    An increase in price almost always leads to an increase in the quantity supplied of that good or service, while a decrease in price will decrease the quantity supplied. The law of supply assumes that all other variables that affect supply are held constant
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Describe how a change in the price of resources affects quantity supplied for products? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers