Law Of Supply

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What is supply ???

Supply is the quantities of a good or service that producer willing to sell at market price. In another way when prices rise, quantity rise when prices falls, the quantity falls. The supply is a graph that shows the amount of a product supplied at certain price. The curve slopes upwards because suppliers are more willing to offer more good and service at a higher price and fewer at the lower price.
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Why is Law Of Supply important ???

The Law of the supply is important because the principle in the study of economic. It is an scientific relation between supply price and quality supply. If we didn't have law of supply the government would have a big control. Law of Supply have multiple diagrams showing how the law of the supply work how the supply increase and how the supply decrease. When supply increase it is all about the quality control is to build successes business.