the law of supply states that, holding other factors constant, as price increases a. quantity supplied increases b. quantity supplied decreases c. quantity demanded increases d. quantity demanded decreases

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13-09-2022
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the law of supply states that, holding other factors constant, as price increases a. quantity supplied increases b. quantity supplied decreases c. quantity demanded increases d. quantity demanded decreases

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anvimalik867 anvimalik867 · Answer 1 · 2022-09-16T15:36:15+02:00

the regulation of law states that preserving different elements steadily, as the charge will increase amount demanded decreases.

A rule of law or procedure is set up via custom, settlement, or authority. a hard and fast of rules or principles for a particular region of a legal device. a chunk of enacted law. significance of regulation in Society: law acts as a code of conduct in society, which is why it is so essential. It became additionally set up to provide suitable standards and rules for everyone's conduct and to make certain the government's 3 branches' fairness. It ensures that civilization runs smoothly.

John Austin's regulation definition states “law is the aggregate set of policies set by means of a person as politically superior, or sovereign to men, as political topics.” hence, this definition defines law as a fixed of guidelines to be accompanied by using absolutely everyone, regardless of their stature. Hans Kelsen created the 'natural concept of law'.

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