Ask Question
21 February, 21:29

The law of supply and demand asserts that

+5
Answers (1)
  1. 22 February, 01:28
    0
    The law of supply and demand asserts that the price of a good will tend to increase as a result of excessive demand for that particular good. Furthermore, the basic principle of the law of supply and demand states the supply will increase as the market price increases and at the same time, the demand increases when the market price decreases.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The law of supply and demand asserts that ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers