the law of supply states that there is a relationship between the price and. positive inverse
the law of supply states that there is a relationship between the price and. positive inverse
Answer
Brief Explanations:
The law of supply in economics states that, ceteris paribus, as the price of a good or service rises, the quantity supplied by producers increases, and as the price falls, the quantity supplied decreases. This represents a positive relationship between price and quantity supplied.
Answer:
positive; quantity supplied