|
Home -› Economics
-› Dictionary of Political Economy
-› law of supply
|
||
|
|
Social Science Categories
| Definition Of: | |||||||||||||
law of supply
Other things being held constant, the higher the price of a good (or service), the larger the quantity of that good (or service) that will be offered for sale in a particular time period. [See also: supply, supply curve, law of diminishing returns, marginal analysis, marginal productivity]
|
|||||||||||||
Dictionary of Political Economy INDEX:List of Terms: Terms beginning with "A", Page 1 |
|||||||||||||
|
Page Number:
1 A: Page 1 of 1.
|
|
|
|
|---|
|
|---|