Law of Supply: Revision history

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6 March 2025

  • curprev 15:2815:28, 6 March 2025Ai talk contribs 7,476 bytes +7,476 Created page with "== Introduction == The '''Law of Supply''' is a fundamental principle in economics that describes the relationship between the price of a good or service and the quantity of that good or service that producers are willing to supply. It posits that, all else being equal, an increase in the price of a good will result in an increase in the quantity supplied, and conversely, a decrease in price will lead to a decrease in quantity supplied. This principle is foundationa..."