What does the law of supply suggest?

A) As prices increase, supply decreases.

B) Prices are determined by the supplier.

C) Prices affect demand but not the supply.

D) As prices increase, supply increases.

Question

Valentina Randall

Business

6 October, 14:01

What does the law of supply suggest?

A) As prices increase, supply decreases.

B) Prices are determined by the supplier.

C) Prices affect demand but not the supply.

D) As prices increase, supply increases.

+5

Answers (1)

Know the Answer?

Dashawn Good · Answer 1

Answer is A

Explanation:

As supply lowers you need to pay more for the item Proof? The world water is normally $4 dollars used to be 2 thats because of global warming and other issues same thing with other items the things they need to make it is decreasing so the price increases as a result.

What does the law of supply suggest?A) As prices increase, supply decreases.B) Prices are determined by the supplier.C) Prices affect demand but not the supply.D) As prices increase, supply increases.

What does the law of supply suggest?

A) As prices increase, supply decreases.

B) Prices are determined by the supplier.

C) Prices affect demand but not the supply.

D) As prices increase, supply increases.