QUESTION IMAGE
Question
the law of supply says that as the price of a good or service rises, the quantity of the good or service _____.risesfallsgoes downstays the samerewatch
Brief Explanations
The law of supply is a core principle in economics, stating that there is a direct positive relationship between the price of a good/service and the quantity that producers are willing to supply, assuming all other factors are constant. Higher prices create an incentive for producers to supply more to maximize profits.
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rises