Question

The law of supply states that consumers will purchase more at low prices.

Group of answer choices

True

False

Answer 1

Answer: Hello, there! your answer is below

False Is your Answer

Step-by-step explanation:

The Law of Supply is a direct relationship between price and quantity supplied. The Law of Supply states that producers will offer more of a product at higher prices and less of a product at lower prices. Producers supply more goods and services when they can sell them at higher prices.

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