fab7ijoloisoCud fab7ijoloisoCud
  • 02-02-2017
  • Business
contestada

How profit motive explain the law of supply?

Respuesta :

ddd21
ddd21 ddd21
  • 11-02-2017
Profit motive produces what people want to get as much profit as possible, thus the demand of the product will rise so the price will rise to regain equilibrium (so demand will decrese) so the supply increases with the price. Hope I helped
Answer Link

Otras preguntas

Is two thirds the same as four sixths
A rectangles length is 7 inches greater than its width. If the perimeter of the rectangle is 110 inches, find its length and width. I think it's w (w+7)=110
Michelle wants to classify an organism that she is studying in lab. The organism is multicellular, makes its own food, and is unable to move around its environm
what is 7.3519 to 1 decimal place?
what patterns are there in prime numbers
5 letter word foramount of work done per second
The highest tier in cell hierarchy is _____.
who was the king that got executed in the 17th century
What are the three oceans that surround asia
True or False: 1. all trapezoids are scalene? 2. all squares are rhombuses? 3. all rectangles are squares? 4. all squares are rectangles? 5. all parallelograms