Economics
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Boundless Economics
Introducing Supply and Demand
Supply
Economics Textbooks Boundless Economics Introducing Supply and Demand Supply
Economics Textbooks Boundless Economics Introducing Supply and Demand
Economics Textbooks Boundless Economics
Economics Textbooks
Economics
Concept Version 6
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The Law of Supply

The Law of Supply

The Law of Supply

Supply has a positive correlation with price. As the market price of a good increases, suppliers of the good will typically seek to increase the quantity supplied to the market.

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    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "Supply."
    http://en.wikipedia.org/wiki/File:Supply.gif Wikipedia CC BY-SA.

Related Terms

  • surplus
  • shortage
  • equilibrium
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