The nature of supply means that as the price of a good increases a- buyers will...
The nature of supply means that as the price of a good increases
a- buyers will buy less of it
b- sellers will offer more of the good for sale
c- buyers will buy more of it
d- sellers will lower costs
Homework Answers
Answer:
The nature of supply means that as the price of a good increases
b- sellers will offer more of the good for sale
there is positive relation between price of a good and its supply as with increase in prices the producer will increase the supply and if prices decrease producer will decrease the supply.
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