Say's law says that

-desired expenditures always equal actual expenditures.

-consumption is greater than supply.

-people produce the goods they consume.

-people consume the goods they produce.

Question

Jaden Barnett

Business

18 July, 23:04

Say's law says that

-desired expenditures always equal actual expenditures.

-consumption is greater than supply.

-people produce the goods they consume.

-people consume the goods they produce.

+3

Answers (1)

Know the Answer?

Gunner · Answer 1

The answer is : People consume the goods they produce

Explanation:

Say's law could also be refereed to as Say's law of markets in Classical economics states that supply itself creates its own demand which is equivalent to people consuming what they produce.

Say's law says that-desired expenditures always equal actual expenditures.-consumption is greater than supply.-people produce the goods they consume.-people consume the goods they produce.

Say's law says that

-desired expenditures always equal actual expenditures.

-consumption is greater than supply.

-people produce the goods they consume.

-people consume the goods they produce.