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13 September, 03:27

The law of supply demonstrates the behaviors of producers when they

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  1. 13 September, 03:47
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    The law of supply demonstrates the behaviors of producers, when they supply Goods to consumers.

    Explanation:

    The law of supply and demand is a theory that describes the interaction between the buyers for that resource and sellers of a resource.

    The theory further explains what effect the relationship between the accessibility of a particular product and the wants (or demand) for that product has on its price.

    Generally, the lower supply and the higher demand increase in price and vice versa.
  2. 13 September, 03:51
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    The correct answer is:

    C) Supply goods to consumers.

    The law of supply is a microeconomic principle about the production level that suppliers can manufacture at different selling prices. It states that keeping other factors constant, as the price of a product or service rises, the production will rise, and vice versa. This means that suppliers will produce more of a product if the profit is known to be higher.
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