Quantities of products manufacturers are willing to sell at different prices is known as.

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12-01-2022
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Quantities of products manufacturers are willing to sell at different prices is known as.

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jaquelinefvr jaquelinefvr · Answer 1 · 2022-01-21T11:20:11+01:00

Quantities of products that manufacturers are willing to sell at different prices is known as supply, which has an inversely proportional weight in establishing the price.

Law of offer

In economics, the law of supply is directly influenced by demand, so the greater the supply, the lower the price.

The supply curve is graphically represented by a positive slope, in the price and quantity relationship, because the higher the price of a product or service, the greater the quantity produced, therefore, there is a constancy in the supply curve.

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