The law of supply states that there is a positive relationship between price and quantity supplied, ceteris paribus

Indicate whether the statement is true or false

TRUE

Economics

You might also like to view...

Which of the following types of economic regulation is most likely to encourage firms to inflate their costs?

A) price cap regulation B) rate of return regulation C) cartel regulation D) earnings sharing and price cap regulation

Economics

Public saving is the difference between _____ and _____

Fill in the blank(s) with correct word

Economics