which best explains why the law of supply operates the way it does in a free enterprise economy?\ncompanies…

which best explains why the law of supply operates the way it does in a free enterprise economy?\ncompanies want to produce more goods than their rivals.\ncompanies want to reward loyal consumers with low prices.\ncompanies want to hire as many workers as possible.\ncompanies want to be as profitable as possible.

which best explains why the law of supply operates the way it does in a free enterprise economy?\ncompanies want to produce more goods than their rivals.\ncompanies want to reward loyal consumers with low prices.\ncompanies want to hire as many workers as possible.\ncompanies want to be as profitable as possible.

Answer

Brief Explanations:

In a free - enterprise economy, the law of supply states that as the price of a good rises, the quantity supplied rises, and vice - versa. Companies aim to maximize profits. Higher prices mean higher potential profits, so they increase supply.

Answer:

Companies want to be as profitable as possible.