Carlabenzcosme Carlabenzcosme
  • 04-04-2020
  • Business
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Describe how a change in the price of resources affects quantity supplied for products ?

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verrge
verrge verrge
  • 04-04-2020

Answer:

An increase in price almost always leads to an increase in the quantity supplied of that good or service, while a decrease in price will decrease the quantity supplied. The law of supply assumes that all other variables that affect supply are held constant

Explanation:

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