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

give me 10 tips for taking good photos??
rename the number 120,000
212514+396705 estimate
A video last 6.44 minutes. About how long does the videonlast, round to the nearest minute?
give me 10 tips for taking good photos??
You have trained all year for a marathon. In your first attempt to run a marathon, you decide that you want to complete this 26-mile race in 4.5 hours. What wou
Which expressions have a value of –23? Choose all answers that are correct. a. 11 – 34 b. –9 – (–14) c. 25 – 2 d. –11 – 12
Select the two true statements about the Democratic Party. It is the oldest political party in the United States.The Democrats won the Presidency in the 90's bu
what angle do minute and hour hands of a clock make at 5:30
what is 3.1 as a mixed fraction in simplest form