hazelart77
hazelart77 hazelart77
  • 25-08-2021
  • Business
contestada

Describe the slope of the supply curve. How does the slope reflect the law of supply?

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rs7399193
rs7399193 rs7399193
  • 25-08-2021

Answer:

Like the law of demand, the law of supply demonstrates the quantities that will be sold at a certain price. But unlike the law of demand, the supply relationship shows an upward slope. This means that the higher the price, the higher the quantity supplied.

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emilymartinez2550 emilymartinez2550
  • 09-02-2022

Answer:

It shows the relationship between price and quantity supplied, it shows an upward slope unlike the law of demand. The higher the price, the higher the quantity demanded, opposite to the law of demand.

Explanation:

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