Serinity2022
Serinity2022 Serinity2022
  • 21-09-2021
  • Mathematics
contestada

Explain in your own words what it means when we say there has been an increase in supply.

Respuesta :

francocanacari
francocanacari francocanacari
  • 30-09-2021

Supply is the availability of goods and services. It is related to production and stock.

Supply is the opposite of the term demand. A price is created through interaction between supply and demand, which are considered the main market forces.

Therefore, in the event of an increase in supply, there would be a greater abundance of goods or services in the market.

Learn more in https://brainly.com/question/14292311

Answer Link

Otras preguntas

Select three standard units of the metric system. centimeter meter liter cubic centimeter gram kilogram
What does hydrophilic mean? a) water-hating b) dehydrated c) nonpolar d) water-loving
1.) In "The Inchcape Rock," what has the Abbot of Aberbrothok done to protect mariners? A. He has taken the Inchcape Rock out of the sea. B. He has creat
Patricia is excited about going to college because she feels that it will benefit her options in life. However, she cannot decide what it is she wants to do wit
By 1805 how successful had Napoleon been in his efforts to build an empire
How do you write The difference between 7 and the product 3x is 23
a Greek city-state ___________ help
What does x equal in 3(x+3)-2<25
True or false, commas and periods go outside closing quotation marks.
Multiply. 3⋅3/5 Enter your answer as an improper fraction, in simplified form, in the box.