The law of supply refers to the fact that, all other things remaining the same, when the price of a good rises, A. the supply curve shifts leftward. B. the supply curve shifts rightward. C. there is a movement up along the supply curve to a larger quantity supplied. D. there is ...
Thelawofsupplyanddemanddeterminesthatanoverabundanceofanythingwillleadtoadecreaseinprice.Thisruleappliesnotonlytogoodsandservices,butalsotolifestyleandfashiontrends.Inthe19thcentury,theprimitivepaintingsofPicassoandMatisseshookupthepositiveimageoftheFrenchbourgeoisie(中产阶级).Inthe1970s,talentedmusicianswithtailoredcost...
The law of supply implies that .A.there is a positive or direct relationship between price and quantity suppliedB.the supply curve slopes upwardC.as the price of the product increases, the quantity supplied increasesD.all of these correctly state the law
The law of supply states that, other things remaining the same, firms produceA.more of a good the less it costs to produce it.B.less of a good the more it costs to produce it.C.more of a good the higher its price.D.less of a good as the required resource
题目The law of supply and demand ___ the prices of the goods. A. governs B. evaluates C. accompanies D. purchases 相关知识点: 试题来源: 解析 1【答案】A【解析】句意:供求规律决定商品的价格。govern 支配,符合句意。反馈 收藏
The law of supply and demand determines that an overabundance of anything will lead to a decrease in price. This rule applies not only to goods and services, but also to lifestyle and fashion trends. In the 19th century, the primitive paintings of Picasso and Matisse shook up the positive ...
Explain the law of supply Explain a supply curve Explain the factors that can change supplyThe law of supply states that more of a good will be provided the higher its price; less will be provided the lower its price, ceteris paribus. There is a direct relationship between price and quantit...
The Law of Supply and DemandIf trade is to take place, at least two economic units must be involved (business, households, tradesmen, etc. ): One must have something to sell and the other must desire the product of the seller. These two economic units meet or communicate through what is...
The law of supply is an economic principle stating that as the supply of a product increases, the price for that product will...
The law of supply summarizes the effect that price changes have on producer behavior. For example, a business will make more video game systems if the price of those systems increases. The opposite is true if the price of video game systems decreases. The company might supply 1 million system...