What is meant by Law of Supply?

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Law of supply states that other things remaining constant, quantity supplied of a commodity increases with increase in the price and decreases with a fall in its price.

kratos · Answer 1 · 2020-01-16T11:03:46+0000

Law of supply states that other things remaining constant, quantity supplied of a commodity increases with increase in the price and decreases with a fall in its price.

What is meant by Law of Supply?

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What is meant by Law of Supply?

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