Answer to Question #216851 in Finance for Khushi

Question

xyz ltd has a record of supply of 1,000 units on an average per month in the market which creates an equilibrium size of 30 rupees its unit if the company increases the supply of 2008 more will the equilibrium price change explain the law causing the change

Answer 1

The law of Supply, since there is a direct relationship between price and quantity supplied, both are increasing.