According to the law of supply, what happens to the quantity supplied when prices go up?

Answers

Answer 1
Answer: The law of supply states that as the prices go up the demand goes down

Related Questions

Assume that the saving rate of a country increases from 2% to 3%, then in the long runa. a.productivity and real GDP per person for that country both will increase.b.productivity and real GDP per person for that country both will decrease.c.neither productivity nor real GDP per person of that country will increase.d.real GDP per person will increase but productivity of that country will decrease.
Which human organ system eliminates liquid and gaseous wastes from the body?
What is the difference between economic growth and economic development?
Why do some people consider the way the media cover candidates for public office bad for democracy?
Advantages and Disadvantages of Malls

The concept that all immigrant customs and traditions add “flavor” to American customs and traditions is called the ________________.A. "melting bowl”

B. “melting pot”

C. “salad bowl”

D. “cultural salad”

Answers

It is called the melting pot, as so many cultures stir and simmer together, even creating sub cultures. America is one of the few countries this have ever happened in.
B. Melting Pot, is the answer

Explain the irony in cry the beloved country

Answers

The irony in the book "Cry the Beloved Country" lies in the fact that Arthur Jarvis, who is a white person believing in and advocating for equality of white and black citizens is murdered by a black person.

When the roads are _______ there are more chances for drivers to become aggressive, triggered by mood, traffic, or another driver?

Answers

your answer will be:
congested.
your answer will be:
congested.

WHAT IS the importance of moral science?

Answers

Moral science can serve as a guide to someone's life and provides a path for success in social activities and other tasks, goals, or actvities that impact both other people and the world
IF IT HELPP U PLZ PICK AS BEST TNX:)

Which of these would result from high inflation in the United States?U.S. goods would be less expensive than before.
Americans would demand higher wages.
Income levels in the workforce would fall.
The Consumer Price Index would be a negative number.

Answers

Answer:

B. Americans would demand higher wages is the option that would result from high inflation in the United States.

Explanation:

In economics, inflation refers to the constant increase in the general price level of goods and services in a period of time. As a consequence, the purchasing power of currancy falls, meaning that a unit of currency buys less than it did in previous periods. To offset these effects, Americans would demand higher wages.

I would say Americans would demand higher wages. Hope this helps you and good luck with you quiz ;)

Sociolization effort is a common

Answers

Answer:

yes socializing effort is a commom