jack104197 jack104197
  • 18-02-2022
  • Business
contestada

When price increases, quantity supplied

Respuesta :

Аноним Аноним
  • 18-02-2022

Answer:

Why does quantity supplied increase when price increases? With increase in Price, Suppliers will provide a higher Quantity. If the Price is set above the Equilibrium Price, then the Quantity Supplied will be higher than the Quantity Demanded and there will be a surplus which will drive the Price back to the Equilibrium Price.

Explanation:

Answer Link

Otras preguntas

I'm having trouble with this:12b+3=-2b-4          I have to simplify the problem
I'm having trouble with this:12b+3=-2b-4          I have to simplify the problem
compare and contrast an electric generator and a battery??
after 1081 ,what was the byzantine being weakened by?
why was the constantinople so important?
A 2-inch-wide frame is to be built around theregular decagonal window shown. At what angles a and bshould the corners of each piece be cut?
what is 27/2 divided by 9/4
what is 2t^3+8t^2-24t in factor form
I'm having trouble with this:12b+3=-2b-4          I have to simplify the problem
a croquet ball weighs 460 grams. together a golf ball and a croquet ball weigh the same as 11 golf balls.how much does 1 golf ball weigh?