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

Find the speed of a transverse wave on a 75-cm length of a cord when the tension in the cord is 320 N. The mass of the cord is 120 g.
Independent clause with ; and independent clause about summer
Which equation could represent “the area of a square as a function of a side”
Opportunity cost occurs because of a producer’s need to
What is the focus of Japanese art? a. complexity b. nature and its simplicity, beauty, and power c. the four elements of nature d. all of the above
Question 16 of 17 2 Points What is historical causation?
To create a drop-cap, one can increase the font size of an element's _____ and float it on the left margin. A.) ridge B.) first line C.) first letter D.) hyper
The creation and use of GM plants can reduce genetic diversity.A.TrueB.False​
The topic of Paul’s history report is best understood in terms of different segments of time. Which organization structure would be most appropriate for this to
Which amendment protects against double jeopardy? Question 8 options: Fifth Second Tenth Third