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Why law of supply states that …

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Why law of supply states that producers will increase production only if prices will increase even though consumers decrease demand if prices will increase ??

    • Posted by Parneet Kaur 7 years, 11 months ago

    CBSE > Class 12 > Economics
    • 4 answers

    Parneet Kaur 7 years, 11 months ago

    Dont know .???

    1Thank You

    Karishma Kandoi 7 years, 11 months ago

    the correct answer ???

    1Thank You

    Parneet Kaur 7 years, 11 months ago

    Today was my eco practical and examiner asmed me same ques and my answer was same too but she considered it as wrong !!!

    1Thank You

    Karishma Kandoi 7 years, 11 months ago

    because at higher price profit of supplier increases .

    1Thank You

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