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Law Of Supply
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Asked 2/25/2013 8:11:32 PM
Updated 9/15/2014 8:59:06 AM
1 Answer/Comment
Flagged by alfred123 [9/15/2014 8:55:39 AM], Edited by jeifunk [9/15/2014 8:59:06 AM]
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User: Law Of Supply
Question
Asked 2/25/2013 8:11:32 PM
Updated 9/15/2014 8:59:06 AM
1 Answer/Comment
Flagged by alfred123 [9/15/2014 8:55:39 AM], Edited by jeifunk [9/15/2014 8:59:06 AM]
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The law of supply is a fundamental principle of economic theory which states that, all else equal, an increase in price results in an increase in quantity supplied.
Added 9/15/2014 8:56:15 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/15/2014 8:58:59 AM]
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