How profit motive explain the law of supply?

Question

02-02-2017
Business

contestada

How profit motive explain the law of supply?

Respuesta :

Otras preguntas

Tom opens a bank account and makes an initial deposit of $500. The banker tells Tom that he is going to receive an annual rate of 6% on his investment. Find the

What are two differences between epithelial tissue and connective tissue

What were the middle ages and the renaissance? In what way were these two eras different?

plural form of la nina

What did Ferdinand Magellan's crew have to eat while crossing the Pacific Ocean?

Which transformation is shown ?

An effective résumé _____. A: is several pages long B: is organized by topic C: includes a brief personal statement

If Mercury travels 29.74 (mi/s) how many miles does mercury travel in an hour?

What is the topic sentence from this paragraph? Inside of Chauvet-Pont-d'Arc Cave in the countryside of southern France lies a magical collection of paintings.

ddd21 ddd21 · Answer 1 · 2017-02-11T01:23:49+01:00

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